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NEW YORK ( TheStreet) -- Sauer-Danfoss (NYSE: SHS) hit a new 52-week high Wednesday as it is currently trading at $56.29, above its previous 52-week high of $55.92 with 22,392 shares traded as of 10:16 a.m. ET. Average volume has been 192,200 shares over the past 30 days. Sauer-Danfoss has a market cap of $2.6 billion and is part of the industrial goods sector and industrial industry. Shares are up 90.2% year to date as of the close of trading on Tuesday. Sauer-Danfoss Inc. designs, manufactures, and markets hydraulic, electronic, electric, and mechanical components, as well as software and integrated systems that generate, transmit, and control power in mobile equipment. The company has a P/E ratio of 12.1, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 16.3.