NEW YORK ( TheStreet) -- Tempur-Pedic International (NYSE: TPX) hit a new 52-week high Thursday as it traded at $49.89 compared with its previous 52-Week high of $49.87. Tempur-Pedic International is changing hands at $49.89 with 344,959 shares traded as of 12:06 p.m. ET. Average volume has been one million shares over the past 30 days. Tempur-Pedic International has a market cap of $3.4 billion and is part of the consumer goods sector and consumer durables industry. Shares are up 23.8% year to date as of the close of trading on Wednesday. Tempur-Pedic International Inc. manufactures, markets, and sells bedding products worldwide. Its products include pillows, mattresses, and adjustable beds, as well as various cushions and other comfort products. The company has a P/E ratio of 22.9, equal to the average consumer durables industry P/E ratio and above the S&P 500 P/E ratio of 16.
- Practice your TPX trading strategies and win cash in our stock game.