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) -- Gilead (Nasdaq: GILD) hit a new 52-week high Wednesday as it is currently trading at $46.49, above its previous 52-week high of $46.37 with 1.5 million shares traded as of 9:56 a.m. ET. Average volume has been 9.3 million shares over the past 30 days. Gilead has a market cap of $68.55 billion and is part of the health care sector and drugs industry. Shares are up 24.6% year to date as of the close of trading on Tuesday. Gilead Sciences, Inc., a biopharmaceutical company, discovers, develops, and commercializes human therapeutics for the treatment of life threatening diseases in North America, Europe, and Asia. The company has a P/E ratio of 27.4, above the S&P 500 P/E ratio of 17.7.
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