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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) -- EQT (NYSE: EQT) hit a new 52-week high Thursday as it is currently trading at $62.78, above its previous 52-week high of $62.74 with 707,077 shares traded as of 1:46 p.m. ET. Average volume has been 1.5 million shares over the past 30 days. EQT has a market cap of $8.97 billion and is part of the utilities sector and utilities industry. Shares are up 1.2% year to date as of the close of trading on Wednesday. EQT Corporation, together with its subsidiaries, operates as an integrated energy company in the United States. It operates in three segments: EQT Production, EQT Midstream, and Distribution. The company has a P/E ratio of 48.9, above the S&P 500 P/E ratio of 17.7.