NEW YORK ( TheStreet) -- InterOil Corporation (NYSE: IOC) hit a new 52-week high Wednesday as it is currently trading at $89.86, above its previous 52-week high of $89.82 with 244,888 shares traded as of 10:40 a.m. ET. Average volume has been 623,200 shares over the past 30 days. InterOil has a market cap of $4.21 billion and is part of the basic materials sector and energy industry. Shares are up 70.9% year to date as of the close of trading on Tuesday. InterOil Corporation operates as an integrated oil and gas company in Papua New Guinea. The company engages in the exploration, appraisal, and development of crude oil and natural gas structures. The company has a P/E ratio of 161.8, below the average energy industry P/E ratio of 164.8 and above the S&P 500 P/E ratio of 17.7.
- ACTIVE STOCK TRADERS: Check out TheStreet's special offer for Real Money, headlined by Jim Cramer, now!