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NEW YORK ( TheStreet) -- Haynes International (Nasdaq: HAYN) hit a new 52-week high Tuesday as it is currently trading at $59.32, above its previous 52-week high of $58.22 with 14,700 shares traded as of 9:46 a.m. ET. Average volume has been 95,400 shares over the past 30 days. Haynes International has a market cap of $692.6 million and is part of the basic materials sector and metals & mining industry. Shares are up 36.9% year to date as of the previous trading day's close. Haynes International Inc. develops, manufactures, markets, and distributes high-performance nickel-and cobalt-based alloys in sheet, coil, and plate forms for use by the manufacturers of various equipments worldwide. The company has a P/E ratio of 33.5, below the average metals & mining industry P/E ratio of 44.8 and above the S&P 500 P/E ratio of 16.2.