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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) -- Royal Caribbean Cruises (NYSE: RCL) hit a new 52-week high Thursday as it is currently trading at $38.19, above its previous 52-week high of $38.16 with 111,957 shares traded as of 9:56 a.m. ET. Average volume has been 1.8 million shares over the past 30 days. Royal Caribbean Cruises has a market cap of $8.07 billion and is part of the services sector and leisure industry. Shares are up 8.5% year to date as of the close of trading on Wednesday. Royal Caribbean Cruises Ltd. operates in the cruise vacation industry worldwide. It owns five cruise brands, which comprise Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises, and CDF Croisieres de France. The company has a P/E ratio of 18.1, above the S&P 500 P/E ratio of 17.7.