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NEW YORK ( TheStreet) -- Tesco Corporation (Nasdaq: TESO) hit a new 52-week high Wednesday as it traded at $21.80 compared with its previous 52-Week high of $21.79. Tesco is changing hands at $21.78 with 4,060 shares traded as of 9:31 a.m. ET. Average volume has been 179,200 shares over the past 30 days. Tesco has a market cap of $793.2 million and is part of the basic materials sector and energy industry. Shares are up 35.9% year to date as of the close of trading on Tuesday. Tesco Corporation engages in the design, manufacture, and service delivery of technology based solutions for the upstream energy industry worldwide. It operates in three segments: Top Drive Drilling Systems, Tubular Services, and CASING DRILLING. The company has a P/E ratio of 115.8, equal to the average energy industry P/E ratio and above the S&P 500 P/E ratio of 16.1.