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NEW YORK ( TheStreet) -- Ruddick Corporation (NYSE: RDK) hit a new 52-week high Wednesday as it is currently trading at $44.16, above its previous 52-week high of $44.12 with 74,371 shares traded as of 12:12 p.m. ET. Average volume has been 232,700 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 18.4% year to date as of the close of trading on Tuesday. Ruddick Corporation, through its subsidiaries, engages in the operation of a regional chain of supermarkets primarily in the southeastern and mid-Atlantic United States, and the District of Columbia. The company has a P/E ratio of 16.3, equal to the average retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7.