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) -- CSX (NYSE: CSX) hit a new 52-week high Thursday as it is currently trading at $23.83, above its previous 52-week high of $23.80 with 4.6 million shares traded as of 1:07 p.m. ET. Average volume has been nine million shares over the past 30 days. CSX has a market cap of $23.87 billion and is part of the services sector and transportation industry. Shares are up 19.5% year to date as of the close of trading on Wednesday. CSX Corporation, together with its subsidiaries, provides rail-based transportation services. It offers traditional rail services, and transports intermodal containers and trailers. The company has a P/E ratio of 13.1, below the S&P 500 P/E ratio of 17.7.
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