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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) -- Edison International (NYSE: EIX) hit a new 52-week high Friday as it is currently trading at $48.36, above its previous 52-week high of $48.31 with 958,608 shares traded as of 12:25 p.m. ET. Average volume has been 2.3 million shares over the past 30 days. Edison International has a market cap of $15.39 billion and is part of the utilities sector and utilities industry. Shares are up 4.5% year to date as of the close of trading on Thursday. Edison International, through its subsidiaries, engages in the generation and distribution of electric power. It operates in two segments, Electric Utility and Competitive Power Generation. The company has a P/E ratio of 10.4, below the S&P 500 P/E ratio of 17.7.