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NEW YORK ( TheStreet) -- Ruddick Corporation (NYSE: RDK) hit a new 52-week high Tuesday as it is currently trading at $42, above its previous 52-week high of $41.99 with 109,561 shares traded as of 2:44 p.m. ET. Average volume has been 217,200 shares over the past 30 days. Ruddick has a market cap of $2 billion and is part of the services sector and retail industry. Shares are up 12.1% year to date as of the previous trading day's close. Ruddick Corporation, through its subsidiaries, operates a regional chain of supermarkets in the southeastern and mid-Atlantic United States. The company has a P/E ratio of 15.6, below the average retail industry P/E ratio of 15.8 and below the S&P 500 P/E ratio of 16.2.