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NEW YORK ( TheStreet) -- Lululemon Athletica (Nasdaq: LULU) hit a new 52-week high Tuesday as it is currently trading at $102.94, above its previous 52-week high of $102.83 with 1.4 million shares traded as of 11:01 a.m. ET. Average volume has been 2.1 million shares over the past 30 days. Lululemon has a market cap of $4.7 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 42.9% year to date as of the close of trading on Monday. Lululemon Athletica Inc., together with its subsidiaries engages in the design, manufacture, and distribution of athletic apparel and accessories for women, men, and female youth primarily in Canada, the United States, and Australia. The company has a P/E ratio of 49.7, equal to the average consumer non-durables industry P/E ratio and above the S&P 500 P/E ratio of 17.7.