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NEW YORK ( TheStreet) -- Cubic Corporation (NYSE: CUB) hit a new 52-week high Tuesday as it traded at $53.13 compared with its previous 52-Week high of $52.90. Cubic is changing hands at $53.13 with 3,657 shares traded as of 9:40 a.m. ET. Average volume has been 80,800 shares over the past 30 days. Cubic has a market cap of $1.4 billion and is part of the technology sector and electronics industry. Shares are up 11.4% year to date as of the close of trading on Monday. Cubic Corporation designs, develops, manufactures, and installs defense electronics and transportation fare collection systems. Its Mission Support Services segment provides live, virtual, and constructive training services for the U.S. The company has a P/E ratio of 17.9, equal to the average electronics industry P/E ratio and above the S&P 500 P/E ratio of 15.8.