NEW YORK ( TheStreet) -- Conmed Corporation (Nasdaq: CNMD) hit a new 52-week high Tuesday as it is currently trading at $28.23, above its previous 52-week high of $28.15 with 18,753 shares traded as of 10:50 a.m. ET. Average volume has been 90,300 shares over the past 30 days. Conmed has a market cap of $794.2 million and is part of the health care sector and health services industry. Shares are up 4% year to date as of the close of trading on Monday. CONMED Corporation, a medical technology company, provides surgical devices and equipment for minimally invasive procedures and monitoring. The company has a P/E ratio of 26.7, equal to the average health services industry P/E ratio and above the S&P 500 P/E ratio of 16.7.
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