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NEW YORK ( TheStreet) -- Wells Fargo (NYSE: WFC) hit a new 52-week high Monday as it is currently trading at $41.80, above its previous 52-week high of $41.74 with 1.2 million shares traded as of 9:46 a.m. ET. Average volume has been 21.3 million shares over the past 30 days. Wells Fargo has a market cap of $220.12 billion and is part of the financial sector and banking industry. Shares are up 20.7% year to date as of the close of trading on Friday. Wells Fargo & Company provides retail, commercial, and corporate banking services. The company has a P/E ratio of 11.6, below the S&P 500 P/E ratio of 17.7.