NEW YORK ( TheStreet) -- Bristol-Myers Squibb Company (NYSE: BMY) hit a new 52-week high Monday as it is currently trading at $32.78, above its previous 52-week high of $32.75 with 1.3 million shares traded as of 10:05 a.m. ET. Average volume has been 14.7 million shares over the past 30 days. Bristol-Myers Squibb has a market cap of $55.8 billion and is part of the health care sector and drugs industry. Shares are up 23.6% year to date as of the close of trading on Friday. Bristol-Myers Squibb Company, a global biopharmaceutical company, discovers, develops, and delivers innovative medicines that help patients prevail over serious diseases. The company has a P/E ratio of 17, equal to the average drugs industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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