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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) -- Lowe's Companies (NYSE: LOW) hit a new 52-week high Wednesday as it is currently trading at $35.39, above its previous 52-week high of $35.37 with six million shares traded as of 12:30 p.m. ET. Average volume has been 12 million shares over the past 30 days. Lowe's Companies has a market cap of $40.31 billion and is part of the services sector and retail industry. Shares are up 39.3% year to date as of the close of trading on Tuesday. Lowe's Companies, Inc., together with its subsidiaries, operates as a home improvement retailer. It offers a range of products for maintenance, repair, remodeling, and home decorating. The company has a P/E ratio of 21, above the S&P 500 P/E ratio of 17.7.