NEW YORK ( TheStreet) -- Camden Property (NYSE: CPT) hit a new 52-week high Thursday as it is currently trading at $69.56, above its previous 52-week high of $69.48 with 176,533 shares traded as of 12:45 p.m. ET. Average volume has been 600,600 shares over the past 30 days. Camden Property has a market cap of $5.49 billion and is part of the financial sector and real estate industry. Shares are up 9.9% year to date as of the close of trading on Wednesday. Camden Property Trust is an independent real estate investment trust. The firm invests in the real estate markets of the United States. It is engaged in the ownership, development, acquisition, management, and disposition of multifamily residential apartment communities. The company has a P/E ratio of 76.9, above the average real estate industry P/E ratio of 42 and above the S&P 500 P/E ratio of 17.7.
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