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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) -- Toll Brothers (NYSE: TOL) hit a new 52-week high Wednesday as it is currently trading at $38.50, above its previous 52-week high of $38.36 with 1.9 million shares traded as of 9:40 a.m. ET. Average volume has been 3.6 million shares over the past 30 days. Toll Brothers has a market cap of $6.19 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 11.4% year to date as of the close of trading on Tuesday. Toll Brothers, Inc., together with its subsidiaries, designs, builds, markets, and arranges finance for detached and attached homes in luxury residential communities. It is also involved in building or converting existing rental apartment buildings into high-, mid-, and low-rise luxury homes. The company has a P/E ratio of 12.6, below the S&P 500 P/E ratio of 17.7.