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) -- Hudson City Bancorp (Nasdaq: HCBK) hit a new 52-week high Wednesday as it is currently trading at $8.91, above its previous 52-week high of $8.82 with 45,902 shares traded as of 9:31 a.m. ET. Average volume has been 3.6 million shares over the past 30 days. Hudson City has a market cap of $4.55 billion and is part of the financial sector and banking industry. Shares are up 6% year to date as of the close of trading on Tuesday. Hudson City Bancorp, Inc. operates as the holding company of Hudson City Savings Bank that provides various banking products and services in the United States. The company has a P/E ratio of 19.2, above the S&P 500 P/E ratio of 17.7.