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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) -- Edison International (NYSE: EIX) hit a new 52-week high Friday as it is currently trading at $52.09, above its previous 52-week high of $52.04 with 427,126 shares traded as of 11:05 a.m. ET. Average volume has been 2.5 million shares over the past 30 days. Edison International has a market cap of $16.82 billion and is part of the utilities sector and utilities industry. Shares are up 14.3% year to date as of the close of trading on Thursday. Edison International, through its subsidiaries, generates and distributes electric power. It also invests in transportation infrastructure and energy assets, including renewable energy in the Netherlands, Australia, Switzerland, and the United Kingdom. The company has a P/E ratio of 11.3, below the S&P 500 P/E ratio of 17.7.