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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) -- American International Group (NYSE: AIG) hit a new 52-week high Friday as it is currently trading at $43.71, above its previous 52-week high of $42.66 with 11.3 million shares traded as of 10:06 a.m. ET. Average volume has been 17.2 million shares over the past 30 days. American International Group has a market cap of $60.81 billion and is part of the financial sector and insurance industry. Shares are up 19.3% year to date as of the close of trading on Thursday. American International Group, Inc. engages in the provision of insurance products and services for the commercial, institutional, and individual customers in the United States and internationally. The company operates in three segments: Chartis, SunAmerica Financial Group, and Aircraft Leasing. The company has a P/E ratio of 9.3, below the S&P 500 P/E ratio of 17.7.