NEW YORK ( TheStreet) -- Millicom International Cellular (Nasdaq: MICC) hit a new 52-week high Tuesday as it is currently trading at $117, above its previous 52-week high of $111.50 with 7,365 shares traded as of 9:35 a.m. ET. Average volume has been 628,500 shares over the past 30 days. Millicom International Cellular has a market cap of $12 billion and is part of the technology sector and telecommunications industry. Shares are up 15.3% year to date as of the close of trading on Friday. Millicom International Cellular S.A., together with its subsidiaries, operates as a global telecommunications group with mobile telephony operations in 14 countries in Central America, South America, Africa, and Asia. The company has a P/E ratio of seven, above the average telecommunications industry P/E ratio of 6.9 and below the S&P 500 P/E ratio of 17.7.
- Practice your MICC trading strategies and win cash in our stock game.