NEW YORK ( TheStreet) -- MSC Industrial Direct (NYSE: MSM) hit a new 52-week high Tuesday as it traded at $66.71 compared with its previous 52-Week high of $66.68. MSC Industrial Direct is changing hands at $66.71 with 182,071 shares traded as of 3:07 p.m. ET. Average volume has been 311,500 shares over the past 30 days. MSC Industrial Direct has a market cap of $3 billion and is part of the services sector and wholesale industry. Shares are up 0.5% year to date as of the close of trading on Monday. MSC Industrial Direct Co., Inc. (MSC), together with its subsidiaries, operates as a direct marketer and distributor of metalworking and maintenance, repair, and operations (MRO) supplies to industrial customers throughout the United States. The company has a P/E ratio of 24.7, equal to the average wholesale industry P/E ratio and above the S&P 500 P/E ratio of 16.2.
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