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NEW YORK ( TheStreet) -- Harleysville Group (Nasdaq: HGIC) hit a new 52-week high Friday as it is currently trading at $58.98, above its previous 52-week high of $58.96 with 697,941 shares traded as of 1:48 p.m. ET. Average volume has been 64,900 shares over the past 30 days. Harleysville Group has a market cap of $856.2 million and is part of the financial sector and insurance industry. Shares are up 60.5% year to date as of the close of trading on Thursday. Harleysville Group Inc., through its subsidiaries, engages in the property and casualty insurance business primarily in the eastern and midwestern United States. The company has a P/E ratio of 17.8, equal to the average insurance industry P/E ratio and above the S&P 500 P/E ratio of 17.7.