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) -- Camden Property (NYSE: CPT) hit a new 52-week high Friday as it is currently trading at $72.99, above its previous 52-week high of $72.98 with 104,156 shares traded as of 10:25 a.m. ET. Average volume has been 553,300 shares over the past 30 days. Camden Property has a market cap of $6.32 billion and is part of the financial sector and real estate industry. Shares are up 6% year to date as of the close of trading on Thursday. Camden Property Trust is an independent real estate investment trust. The firm invests in the real estate markets of the United States. It is engaged in the ownership, development, acquisition, management, and disposition of multifamily residential apartment communities. The company has a P/E ratio of 38.3, above the S&P 500 P/E ratio of 17.7.
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