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NEW YORK ( TheStreet) -- Mettler-Toledo International (NYSE: MTD) hit a new 52-week high Tuesday as it is currently trading at $177.65, above its previous 52-week high of $177.46 with 14,068 shares traded as of 9:52 a.m. ET. Average volume has been 142,800 shares over the past 30 days. Mettler-Toledo International has a market cap of $5.7 billion and is part of the health care sector and health services industry. Shares are up 10.6% year to date as of the close of trading on Monday. Mettler-Toledo International Inc. manufactures and supplies precision instruments and services worldwide. The company manufactures weighing instruments for use in laboratory, industrial, packaging, logistics, and food retailing applications. The company has a P/E ratio of 26, equal to the average health services industry P/E ratio and above the S&P 500 P/E ratio of 16.7.