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) -- Precision Castparts (NYSE: PCP) hit a new 52-week high Thursday as it is currently trading at $207.60, above its previous 52-week high of $196 with 40,133 shares traded as of 9:36 a.m. ET. Average volume has been 601,300 shares over the past 30 days. Precision Castparts has a market cap of $28.34 billion and is part of the industrial goods sector and industrial industry. Shares are up 1.4% year to date as of the close of trading on Wednesday. Precision Castparts Corp. manufactures and sells metal components and products worldwide. The company has a P/E ratio of 20.9, above the S&P 500 P/E ratio of 17.7.