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) -- NRG Energy (NYSE: NRG) hit a new 52-week high Wednesday as it is currently trading at $24.60, above its previous 52-week high of $24.56 with 594,189 shares traded as of 10:25 a.m. ET. Average volume has been 4.6 million shares over the past 30 days. NRG Energy has a market cap of $7.8 billion and is part of the utilities sector and utilities industry. Shares are up 6.5% year to date as of the close of trading on Tuesday. NRG Energy, Inc., together with its subsidiaries, operates as an integrated wholesale power generation and retail electricity company. The company engages in the ownership, development, construction, expansion, modification, refurbishment, and operation of power generation facilities. The company has a P/E ratio of 10.3, below the S&P 500 P/E ratio of 17.7.
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