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NEW YORK ( TheStreet) -- Ruddick Corporation (NYSE: RDK) hit a new 52-week high Thursday as it is currently trading at $43.17, above its previous 52-week high of $42.96 with 13,405 shares traded as of 9:41 a.m. ET. Average volume has been 215,600 shares over the past 30 days. Ruddick has a market cap of $2.1 billion and is part of the services sector and retail industry. Shares are up 16.3% year to date as of the close of trading on Wednesday. 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 16, equal to the average retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7.