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NEW YORK ( TheStreet) -- Comtech Telecommunications Corporation (Nasdaq: CMTL) hit a new 52-week high Tuesday as it is currently trading at $32.08, above its previous 52-week high of $32.05 with 505,583 shares traded as of three p.m. ET. Average volume has been 418,100 shares over the past 30 days. Comtech Telecommunications has a market cap of $727.1 million and is part of the technology sector and telecommunications industry. Shares are up 11.6% year to date as of the close of trading on Monday. Comtech Telecommunications Corp. engages in the design, development, production, and marketing of products, systems, and services for communications solutions in the United States and internationally. The company has a P/E ratio of 14, equal to the average telecommunications industry P/E ratio and below the S&P 500 P/E ratio of 17.7.