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NEW YORK ( TheStreet) -- LKQ Corporation (Nasdaq: LKQX) hit a new 52-week high Friday as it is currently trading at $27.90, above its previous 52-week high of $27.75 with 331,140 shares traded as of 10:20 a.m. ET. Average volume has been 711,500 shares over the past 30 days. LKQ has a market cap of $3.8 billion and is part of the services sector and wholesale industry. Shares are up 18.9% year to date as of the close of trading on Thursday. LKQ Corporation, together with its subsidiaries, provides replacement parts, components, and parts needed to repair vehicles, primarily cars and trucks in the United States and Canada. It distributes aftermarket replacement, recycled collision and mechanical, and refurbished products. The company has a P/E ratio of 21, above the average wholesale industry P/E ratio of 20.8 and above the S&P 500 P/E ratio of 17.7.