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NEW YORK ( TheStreet) -- Oil States International (NYSE: OIS) hit a new 52-week high Tuesday as it is currently trading at $86.45, above its previous 52-week high of $85.96 with one million shares traded as of 11:37 a.m. ET. Average volume has been 710,400 shares over the past 30 days. Oil States International has a market cap of $4.1 billion and is part of the basic materials sector and energy industry. Shares are up 27.9% year to date as of the close of trading on Monday. Oil States International, Inc., through its subsidiaries, provides specialty products and services to the oil and gas drilling and production companies worldwide. It operates in four segments: Accommodations, Offshore Products, Well Site Services, and Tubular Services. The company has a P/E ratio of 22.8, equal to the average energy industry P/E ratio and above the S&P 500 P/E ratio of 17.7.