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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) -- Rockwell Collins (NYSE: COL) hit a new 52-week high Wednesday as it is currently trading at $61.98, above its previous 52-week high of $61.90 with 21,186 shares traded as of 9:31 a.m. ET. Average volume has been 913,900 shares over the past 30 days. Rockwell Collins has a market cap of $8.4 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 6.3% year to date as of the close of trading on Tuesday. Rockwell Collins, Inc. designs, produces, and supports communications and aviation electronics for commercial and military customers worldwide. It operates in two segments, Government Systems and Commercial Systems. The company has a P/E ratio of 14.5, below the S&P 500 P/E ratio of 17.7.