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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) -- Charles Schwab (NYSE: SCHW) hit a new 52-week high Wednesday as it is currently trading at $17.96, above its previous 52-week high of $17.94 with 4.8 million shares traded as of 2:51 p.m. ET. Average volume has been 10.3 million shares over the past 30 days. Charles Schwab has a market cap of $22.63 billion and is part of the financial sector and financial services industry. Shares are up 23.5% year to date as of the close of trading on Tuesday. The Charles Schwab Corporation, through its subsidiaries, provides securities brokerage, banking, and related financial services to individuals and institutional clients. The company has a P/E ratio of 25.7, above the S&P 500 P/E ratio of 17.7.