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NEW YORK ( TheStreet) -- Steven Madden (Nasdaq: SHOO) hit a new 52-week high Tuesday as it is currently trading at $40.88, above its previous 52-week high of $40.85 with 181,902 shares traded as of 2:12 p.m. ET. Average volume has been 354,500 shares over the past 30 days. Steven Madden has a market cap of $1.7 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 44.7% year to date as of the close of trading on Monday. Steven Madden, Ltd., together with its subsidiaries, designs, sources, markets, and sells fashion-forward footwear for women, men, and children. The company has a P/E ratio of 22.2, equal to the average consumer non-durables industry P/E ratio and above the S&P 500 P/E ratio of 17.7.