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NEW YORK ( TheStreet) -- Raven Industries (Nasdaq: RAVN) hit a new 52-week high Tuesday as it traded at $56.89 compared with its previous 52-Week high of $56.55. Raven is changing hands at $56.89 with 1,580 shares traded as of 9:31 a.m. ET. Average volume has been 54,400 shares over the past 30 days. Raven has a market cap of $978.3 million and is part of the technology sector and electronics industry. Shares are up 18.6% year to date as of the close of trading on Monday. Raven Industries, Inc., together with its subsidiaries, manufactures various products for industrial, agricultural, construction, and military/aerospace markets in the United States and internationally. The company has a P/E ratio of 24.2, equal to the average electronics industry P/E ratio and above the S&P 500 P/E ratio of 15.8.