NEW YORK ( TheStreet) -- Tempur-Pedic International (NYSE: TPX) hit a new 52-week high Wednesday as it is currently trading at $60.03, above its previous 52-week high of $59.98 with 334,329 shares traded as of 11:12 a.m. ET. Average volume has been 1.1 million shares over the past 30 days. Tempur-Pedic International has a market cap of $4 billion and is part of the consumer goods sector and consumer durables industry. Shares are up 46.4% year to date as of the close of trading on Tuesday. Tempur-Pedic International Inc. manufactures, markets, and sells bedding products worldwide. Its products include pillows, mattresses, and adjustable beds, as well as various cushions and other comfort products. The company has a P/E ratio of 26.9, equal to the average consumer durables industry P/E ratio and above the S&P 500 P/E ratio of 16.3.
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