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NEW YORK ( TheStreet) -- WuXi PharmaTech (Cayman (NYSE: WX) hit a new 52-week high Monday as it is currently trading at $18.82, above its previous 52-week high of $18.80 with 147,783 shares traded as of 10:52 a.m. ET. Average volume has been 454,500 shares over the past 30 days. WuXi PharmaTech (Cayman has a market cap of $1.3 billion and is part of the health care sector and drugs industry. Shares are up 14.9% year to date as of the close of trading on Friday. Wuxi PharmaTech (Cayman) Inc., through its subsidiaries, primarily engages in providing laboratory and manufacturing services to support research and development for pharmaceutical, biotechnology, and medical device companies. The company has a P/E ratio of 15, below the average drugs industry P/E ratio of 15.5 and below the S&P 500 P/E ratio of 17.7.