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) -- BioMed Realty (NYSE: BMR) hit a new 52-week high Tuesday as it is currently trading at $22.91, above its previous 52-week high of $22.88 with 823,852 shares traded as of 3:16 p.m. ET. Average volume has been 1.9 million shares over the past 30 days. BioMed has a market cap of $4.19 billion and is part of the financial sector and real estate industry. Shares are up 18.3% year to date as of the close of trading on Monday. BioMed Realty Trust, Inc. operates as a real estate investment trust (REIT) that focuses on providing real estate to the life science industry in the United States. The company has a P/E ratio of 749.7, above the S&P 500 P/E ratio of 17.7.
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