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) -- NV Energy (NYSE: NVE) hit a new 52-week high Wednesday as it is currently trading at $20.40, above its previous 52-week high of $20.34 with 1.5 million shares traded as of 10:40 a.m. ET. Average volume has been 1.9 million shares over the past 30 days. NV Energy has a market cap of $4.71 billion and is part of the utilities sector and utilities industry. Shares are up 10.9% year to date as of the close of trading on Tuesday. NV Energy, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electric energy in Nevada. The company generates electricity from its gas, oil, and coal generating units. It also delivers natural gas service. The company has a P/E ratio of 14.8, below the S&P 500 P/E ratio of 17.7.
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