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) -- Brookfield Asset Management (NYSE: BAM) hit a new 52-week high Tuesday as it is currently trading at $39.01, above its previous 52-week high of $38.96 with 62,713 shares traded as of 9:45 a.m. ET. Average volume has been 1.1 million shares over the past 30 days. Brookfield Asset Management has a market cap of $23.78 billion and is part of the financial sector and real estate industry. Shares are up 5.1% year to date as of the close of trading on Monday. Brookfield Asset Management Inc. is a publicly owned asset management holding company. Through its subsidiaries the firm invests in the property, power, and infrastructure sectors. The company has a P/E ratio of 18.6, above the S&P 500 P/E ratio of 17.7.
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