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NEW YORK ( TheStreet) -- Bronco Drilling Company Incorporated (Nasdaq: BRNC) hit a new 52-week high Thursday as it traded at $11.61 compared with its previous 52-Week high of $11.24. Bronco is changing hands at $11.44 with 115,587 shares traded as of 10:25 a.m. ET. Average volume has been 351,700 shares over the past 30 days. Bronco has a market cap of $301.8 million and is part of the basic materials sector and energy industry. Shares are up 39.1% year to date as of the close of trading on Wednesday. Bronco Drilling Company, Inc. provides contract land drilling and workover services to the oil and natural gas exploration and production companies in the United States.