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NEW YORK ( TheStreet) -- Merit Medical Systems (Nasdaq: MMSI) hit a new 52-week high Monday as it traded at $20.32 compared with its previous 52-Week high of $20.28. Merit Medical Systems is changing hands at $20.30 with 17,776 shares traded as of 12:31 p.m. ET. Average volume has been 185,800 shares over the past 30 days. Merit Medical Systems has a market cap of $559.1 million and is part of the health care sector and health services industry. Merit Medical Systems, Inc. designs, develops, manufactures, and markets single-use medical products for interventional and diagnostic procedures worldwide. The company's cardiology and radiology products include percutaneous coronary interventions and percutaneous peripheral interventions.