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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) -- Signet Jewelers (NYSE: SIG) hit a new 52-week high Friday as it is currently trading at $70.93, above its previous 52-week high of $70.91 with 157,875 shares traded as of 10:38 a.m. ET. Average volume has been 689,700 shares over the past 30 days. Signet Jewelers has a market cap of $6.11 billion and is part of the services sector and specialty retail industry. Shares are up 30.3% year to date as of the close of trading on Thursday. Signet Jewelers Limited engages in the retail sale of jewelry and watches in the United States, the United Kingdom, the Republic of Ireland, and the Channel Islands. The company operates through US and UK divisions. The company has a P/E ratio of 16.1, below the S&P 500 P/E ratio of 17.7.