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NEW YORK ( TheStreet) -- Tim Holding Company (NYSE: TSU) hit a new 52-week high Wednesday as it is currently trading at $46.55, above its previous 52-week high of $46.53 with 529,564 shares traded as of 2:52 p.m. ET. Average volume has been 693,800 shares over the past 30 days. Tim Holding has a market cap of $11.4 billion and is part of the technology sector and telecommunications industry. Shares are up 32.5% year to date as of the close of trading on Tuesday. TIM Participacoes S.A., through its subsidiaries, provides mobile telecommunications services primarily using global system for mobile communication technology in Brazil. The company has a P/E ratio of 15.4, below the average telecommunications industry P/E ratio of 89.1 and below the S&P 500 P/E ratio of 16.6.