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NEW YORK ( TheStreet) -- Tim Holding Company (NYSE: TSU) hit a new 52-week high Thursday as it is currently trading at $49.62, above its previous 52-week high of $49.61 with 415,316 shares traded as of 1:32 p.m. ET. Average volume has been 772,300 shares over the past 30 days. Tim Holding has a market cap of $12.1 billion and is part of the technology sector and telecommunications industry. Shares are up 41.7% year to date as of the close of trading on Wednesday. TIM Participacoes S.A., through its subsidiaries, provides mobile telecommunications services primarily using global system for mobile communication technology in Brazil. The company has a P/E ratio of 15.4, below the average telecommunications industry P/E ratio of 94.8 and below the S&P 500 P/E ratio of 17.7.