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NEW YORK ( TheStreet) -- Stratasys (Nasdaq: SSYS) hit a new 52-week high Tuesday as it is currently trading at $54.28, above its previous 52-week high of $54.20 with 54,653 shares traded as of 10:32 a.m. ET. Average volume has been 317,700 shares over the past 30 days. Stratasys has a market cap of $1.1 billion and is part of the technology sector and computer hardware industry. Shares are up 52.4% year to date as of the close of trading on Monday. Stratasys, Inc., together with its subsidiaries, engages in the development, manufacture, and marketing of three dimensional (3D) printing, rapid prototyping (RP), and direct digital manufacturing (DDM) systems primarily in North America, Europe, and the Asia Pacific. The company has a P/E ratio of 121.5, equal to the average computer hardware industry P/E ratio and above the S&P 500 P/E ratio of 16.7.