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) -- Tidewater (NYSE: TDW) hit a new 52-week high Tuesday as it is currently trading at $60.45, above its previous 52-week high of $59.25 with 137,018 shares traded as of 9:40 a.m. ET. Average volume has been 630,200 shares over the past 30 days. Tidewater has a market cap of $2.85 billion and is part of the services sector and transportation industry. Shares are up 29.1% year to date as of the close of trading on Monday. Tidewater Inc. provides offshore service vessels and marine support services through the operation of a fleet of marine service vessels. The company has a P/E ratio of 33.9, above the S&P 500 P/E ratio of 17.7.
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