NEW YORK ( TheStreet) -- Tim Holding Company (NYSE: TSU) hit a new 52-week high Wednesday as it traded at $40.74 compared with its previous 52-Week high of $40.68. Tim Holding is changing hands at $40.70 with 219,486 shares traded as of 10:16 a.m. ET. Average volume has been 576,200 shares over the past 30 days. Tim Holding has a market cap of $9.8 billion and is part of the technology sector and telecommunications industry. Shares are up 18.1% year to date as of the close of trading on Tuesday. TIM Participacoes S.A., through its subsidiaries, provides mobile telecommunications services primarily using global system for mobile communication technology in Brazil. The company has a P/E ratio of 15.4, below the average telecommunications industry P/E ratio of 76.6 and below the S&P 500 P/E ratio of 16.1.
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