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NEW YORK ( TheStreet) -- GT Solar International (Nasdaq: SOLR) hit a new 52-week high Tuesday as it is currently trading at $14.01, above its previous 52-week high of $14 with 1.8 million shares traded as of 10:52 a.m. ET. Average volume has been 3.9 million shares over the past 30 days. GT Solar International has a market cap of $1.7 billion and is part of the technology sector and electronics industry. Shares are up 45.9% year to date as of the close of trading on Monday. GT Solar International, Inc. engages in the design and manufacture of manufacturing equipment; and provision of services for the production of photovoltaic (PV), wafer, cell and module, and polysilicon products worldwide. The company has a P/E ratio of 10.8, equal to the average electronics industry P/E ratio and below the S&P 500 P/E ratio of 17.7.