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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) -- Taubman Centers (NYSE: TCO) hit a new 52-week high Friday as it is currently trading at $82.76, above its previous 52-week high of $82.63 with 521,729 shares traded as of 3:30 p.m. ET. Average volume has been 588,600 shares over the past 30 days. Taubman Centers has a market cap of $5.13 billion and is part of the financial sector and real estate industry. Shares are up 3.2% year to date as of the close of trading on Thursday. Taubman Centers, Inc. operates as a real estate investment trust. As of June 30, 2005, the company owned a 63% managing general partner's interest in The Taubman Realty Group Limited Partnership (the operating partnership). The company has a P/E ratio of 58.8, above the S&P 500 P/E ratio of 17.7.