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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) -- DR Horton (NYSE: DHI) hit a new 52-week high Tuesday as it is currently trading at $24.36, above its previous 52-week high of $24.29 with 4.2 million shares traded as of 12:56 p.m. ET. Average volume has been 6.2 million shares over the past 30 days. DR Horton has a market cap of $7.42 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 16.7% year to date as of the close of trading on Monday. D.R. Horton, Inc. operates as a homebuilding company. The company engages in the acquisition and development of land; and construction and sale of residential homes in 26 states and 77 markets in the United States primarily under the D.R. Horton, America's Builder name. The company has a P/E ratio of eight, below the S&P 500 P/E ratio of 17.7.