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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) -- Panera Bread Company (Nasdaq: PNRA) hit a new 52-week high Tuesday as it is currently trading at $173.76, above its previous 52-week high of $173.75 with 124,810 shares traded as of 11 a.m. ET. Average volume has been 509,200 shares over the past 30 days. Panera Bread has a market cap of $4.83 billion and is part of the services sector and leisure industry. Shares are up 21.2% year to date as of the close of trading on Monday. Panera Bread Company, together with its subsidiaries, owns, operates, and franchises retail bakery-cafes in the United States and Canada. The company has a P/E ratio of 32.4, below the average leisure industry P/E ratio of 33 and above the S&P 500 P/E ratio of 17.7.