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Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model NEW YORK ( TheStreet) -- Carnival Corporation (NYSE: CCL) hit a new 52-week high Tuesday as it is currently trading at $38.52, above its previous 52-week high of $38.14 with 1.4 million shares traded as of 9:36 a.m. ET. Average volume has been 3.4 million shares over the past 30 days. Carnival has a market cap of $22.29 billion and is part of the services sector and leisure industry. Shares are up 14.6% year to date as of the close of trading on Monday. Carnival Corporation operates as a cruise and vacation company worldwide. The company has a P/E ratio of 20.7, below the average leisure industry P/E ratio of 26.1 and above the S&P 500 P/E ratio of 17.7.