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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) -- Louisiana-Pacific (NYSE: LPX) hit a new 52-week high Thursday as it is currently trading at $22.32, above its previous 52-week high of $22.30 with 790,070 shares traded as of 12:16 p.m. ET. Average volume has been 2.4 million shares over the past 30 days. Louisiana-Pacific has a market cap of $3.02 billion and is part of the services sector and wholesale industry. Shares are up 11.5% year to date as of the close of trading on Wednesday. Louisiana-Pacific Corporation, together with its subsidiaries, engages in manufacturing and distributing building products for new home construction, repair and remodeling, manufactured housing, and light industrial and commercial construction. The company has a P/E ratio of 98.4, above the S&P 500 P/E ratio of 17.7.