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) -- Quanta Services (NYSE: PWR) hit a new 52-week high Friday as it is currently trading at $29.96, above its previous 52-week high of $29.94 with 219,231 shares traded as of 9:55 a.m. ET. Average volume has been 1.9 million shares over the past 30 days. Quanta Services has a market cap of $6.24 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 9% year to date as of the close of trading on Thursday. Quanta Services, Inc. provides specialty contracting services and infrastructure solutions in North America and internationally. It operates in three segments: Electric Power Infrastructure Services; Natural Gas and Pipeline Infrastructure Services; and Fiber Optic Licensing and Other. The company has a P/E ratio of 20.1, above the S&P 500 P/E ratio of 17.7.
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