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NEW YORK ( TheStreet) -- Pricesmart (Nasdaq: PSMT) hit a new 52-week high Tuesday as it is currently trading at $68.35, above its previous 52-week high of $68.05 with 7,192 shares traded as of 9:34 a.m. ET. Average volume has been 272,700 shares over the past 30 days. Pricesmart has a market cap of $2 billion and is part of the services sector and retail industry. Shares are up 78.3% year to date as of the close of trading on Monday. PriceSmart, Inc. owns and operates warehouse clubs in the United States, Latin America, and the Caribbean. The company has a P/E ratio of 31.9, below the average retail industry P/E ratio of 32.1 and above the S&P 500 P/E ratio of 17.7.