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) -- Legg Mason (NYSE: LM) hit a new 52-week high Monday as it is currently trading at $36.24, above its previous 52-week high of $36.15 with 300,521 shares traded as of 11:20 a.m. ET. Average volume has been 1.6 million shares over the past 30 days. Legg Mason has a market cap of $4.55 billion and is part of the financial sector and financial services industry. Shares are up 40.5% year to date as of the close of trading on Friday. Legg Mason, Inc. provides asset management and related financial services to institutional and individual clients, company-sponsored mutual funds, and other pooled investment vehicles worldwide. The company has a P/E ratio of 13.5, below the S&P 500 P/E ratio of 17.7.
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