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NEW YORK ( TheStreet) -- Kaman Corporation (Nasdaq: KAMN) hit a new 52-week high Thursday as it traded at $34.69 compared with its previous 52-Week high of $34.59. Kaman is changing hands at $34.69 with 9,252 shares traded as of 10:21 a.m. ET. Average volume has been 146,300 shares over the past 30 days. Kaman has a market cap of $877 million and is part of the industrial goods sector and aerospace/defense industry. Shares are up 18.5% year to date as of the close of trading on Wednesday. Kaman Corporation operates in the industrial distribution and aerospace markets. The company's Industrial Distribution segment distributes products, including bearings, mechanical and electrical power transmission, fluid power, motion control, and materials handling components. The company has a P/E ratio of 22.9, equal to the average aerospace/defense industry P/E ratio and above the S&P 500 P/E ratio of 16.2.