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NEW YORK ( TheStreet) -- Inter Parfums (Nasdaq: IPAR) hit a new 52-week high Friday as it is currently trading at $23.46, above its previous 52-week high of $23.34 with 61,410 shares traded as of 12:36 p.m. ET. Average volume has been 174,600 shares over the past 30 days. Inter Parfums has a market cap of $679.4 million and is part of the consumer goods sector and consumer non-durables industry. Shares are up 22.2% year to date as of the close of trading on Thursday. Inter Parfums, Inc., together with its subsidiaries, engages in the manufacture, marketing, and distribution of various fragrances and fragrance related products primarily in the United States and Europe. The company has a P/E ratio of 21, above the average consumer non-durables industry P/E ratio of 20.8 and above the S&P 500 P/E ratio of 17.7.