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NEW YORK ( TheStreet) -- Gildan Activewear (NYSE: GIL) hit a new 52-week high Tuesday as it traded at $32.83 compared with its previous 52-Week high of $32.73. Gildan Activewear is changing hands at $32.83 with 313,995 shares traded as of 11:16 a.m. ET. Average volume has been 454,400 shares over the past 30 days. Gildan Activewear has a market cap of $3.7 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 10% year to date as of the close of trading on Monday. Gildan Activewear Inc. manufactures and sells T-shirts, activewear, underwear, and socks to wholesale screen printers, embroiderers, and retailers in North America, Europe, and internationally. It sells T-shirts, fleece, and sport shirts under the Gildan brand name. The company has a P/E ratio of 18, equal to the average consumer non-durables industry P/E ratio and above the S&P 500 P/E ratio of 15.8.