NEW YORK ( TheStreet) -- Mueller Industries Inc (NYSE: MLI) hit a new 52-week high Tuesday as it is currently trading at $46.38, above its previous 52-week high of $46.25 with 359,749 shares traded as of 2:36 p.m. ET. Average volume has been 626,500 shares over the past 30 days. Mueller has a market cap of $1.7 billion and is part of the industrial goods sector and industrial industry. Shares are up 41.1% year to date as of the close of trading on Monday. Mueller Industries, Inc. manufactures copper, brass, plastic, and aluminum products. It operates in two segments, Plumbing & Refrigeration, and Original Equipment Manufacturers (OEM). The company has a P/E ratio of 16.8, above the average industrial industry P/E ratio of 16.7 and below the S&P 500 P/E ratio of 17.7.
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