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) -- Norfolk Southern Corporation (NYSE: NSC) hit a new 52-week high Wednesday as it is currently trading at $75.61, above its previous 52-week high of $75.56 with 158,970 shares traded as of 9:41 a.m. ET. Average volume has been 2.6 million shares over the past 30 days. Norfolk Southern has a market cap of $23.36 billion and is part of the services sector and transportation industry. Shares are up 21.7% year to date as of the close of trading on Tuesday. Norfolk Southern Corporation engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. The company has a P/E ratio of 13.8, below the S&P 500 P/E ratio of 17.7.
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