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NEW YORK ( TheStreet) -- Ventas (NYSE: VTR) hit a new 52-week high Friday as it is currently trading at $64.38, above its previous 52-week high of $64.25 with 136,706 shares traded as of 10:05 a.m. ET. Average volume has been 1.7 million shares over the past 30 days. Ventas has a market cap of $18.65 billion and is part of the financial sector and real estate industry. Shares are up 14.9% year to date as of the close of trading on Thursday. Ventas, Inc. is a publicly owned real estate investment trust. The firm engages in investment, management, financing, and leasing of properties in the healthcare industry. It invests in the real estate markets of the United States and Canada. The company has a P/E ratio of 44, above the average real estate industry P/E ratio of 41.1 and above the S&P 500 P/E ratio of 17.7.