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) -- Canadian Pacific Railway (NYSE: CP) hit a new 52-week high Friday as it is currently trading at $88.60, above its previous 52-week high of $88.23 with 104,390 shares traded as of 10:05 a.m. ET. Average volume has been 504,400 shares over the past 30 days. Canadian Pacific Railway has a market cap of $14.84 billion and is part of the services sector and transportation industry. Shares are up 27% year to date as of the close of trading on Thursday. Canadian Pacific Railway Limited, through its subsidiaries, operates as a transcontinental railway providing freight transportation services, logistics solutions, and supply chain expertise in Canada and the United States. The company has a P/E ratio of 22.9, above the average transportation industry P/E ratio of 22.7 and above the S&P 500 P/E ratio of 17.7.
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