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NEW YORK ( TheStreet) -- Companhia Brasiliera de Distribuicao (NYSE: CBD) hit a new 52-week high Friday as it traded at $44.36 compared with its previous 52-Week high of $43.47. Companhia Brasiliera de Distribuicao is changing hands at $43.12 with 204,678 shares traded as of 10:11 a.m. ET. Average volume has been 555,100 shares over the past 30 days. Companhia Brasiliera de Distribuicao has a market cap of $10.6 billion and is part of the services sector and retail industry. Shares are down 0.1% year to date as of the close of trading on Thursday. Companhia Brasileira de Distribuicao operates as a retailer of food, clothing, home appliances, and other products through its chain of hypermarkets, supermarkets, and specialized and department stores primarily in Brazil. The company has a P/E ratio of 48.5, above the average retail industry P/E ratio of 24.2 and above the S&P 500 P/E ratio of 16.4.