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NEW YORK ( TheStreet) -- Tim Holding Company (NYSE: TSU) hit a new 52-week high Monday as it is currently trading at $50.92, above its previous 52-week high of $50.80 with 540,176 shares traded as of 2:57 p.m. ET. Average volume has been 750,900 shares over the past 30 days. Tim Holding has a market cap of $12.1 billion and is part of the technology sector and telecommunications industry. Shares are up 46.5% year to date as of the close of trading on Friday. TIM Participacoes S.A. provides mobile telecommunications services through global system mobile (GSM) technology to business and individual customers in Brazil. It provides prepaid and post paid services. The company has a P/E ratio of 188, above the average telecommunications industry P/E ratio of 3.1 and above the S&P 500 P/E ratio of 17.7.