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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) -- Precision Castparts (NYSE: PCP) hit a new 52-week high Thursday as it is currently trading at $223.55, above its previous 52-week high of $221.31 with 57,790 shares traded as of 9:36 a.m. ET. Average volume has been 652,000 shares over the past 30 days. Precision Castparts has a market cap of $31.02 billion and is part of the industrial goods sector and industrial industry. Shares are up 16% year to date as of the close of trading on Wednesday. Precision Castparts Corp. manufactures metal components and products worldwide. The company has a P/E ratio of 21.8, above the S&P 500 P/E ratio of 17.7.