NEW YORK ( TheStreet) -- Ceradyne (Nasdaq: CRDN) hit a new 52-week high Monday as it traded at $46.62 compared with its previous 52-Week high of $46.60. Ceradyne is changing hands at $46.62 with 12,518 shares traded as of 9:35 a.m. ET. Average volume has been 249,400 shares over the past 30 days. Ceradyne has a market cap of $1.1 billion and is part of the industrial goods sector and industrial industry. Shares are up 45.2% year to date as of the close of trading on Friday. Ceradyne, Inc. engages in the development, manufacture, and marketing of technical ceramic products, ceramic powders, and components for defense, industrial, automotive/diesel, and commercial applications in the United States and internationally. The company has a P/E ratio of 39.2, equal to the average industrial industry P/E ratio and above the S&P 500 P/E ratio of 16.3.
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