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) -- Enbridge Energy Partners (NYSE: EEP) hit a new 52-week high Wednesday as it is currently trading at $31.15, above its previous 52-week high of $31.12 with 455,941 shares traded as of 12:55 p.m. ET. Average volume has been 988,300 shares over the past 30 days. Enbridge Energy has a market cap of $7.62 billion and is part of the basic materials sector and energy industry. Shares are up 10.8% year to date as of the close of trading on Tuesday. Enbridge Energy Partners, L.P. owns and operates crude oil and liquid petroleum transportation and storage assets; and natural gas gathering, treating, processing, transportation, and marketing assets in the United States. The company has a P/E ratio of 45.4, above the S&P 500 P/E ratio of 17.7.
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