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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) -- Ryder System (Nasdaq: R) hit a new 52-week high Wednesday as it is currently trading at $59.73, above its previous 52-week high of $59.70 with 236,848 shares traded as of 2:11 p.m. ET. Average volume has been 523,700 shares over the past 30 days. Ryder System has a market cap of $3.05 billion and is part of the services sector and diversified services industry. Shares are up 17.4% year to date as of the close of trading on Tuesday. Ryder System, Inc. provides transportation and supply chain management solutions. It operates in two segments, Fleet Management Solutions (FMS) and Supply Chain Solutions (SCS). The company has a P/E ratio of 15.2, below the S&P 500 P/E ratio of 17.7.