- Practice your WMGI trading strategies and win cash in our stock game.
NEW YORK ( TheStreet) -- Wright Medical Group (Nasdaq: WMGI) hit a new 52-week high Wednesday as it is currently trading at $18.82, above its previous 52-week high of $18.75 with 65,010 shares traded as of 10:30 a.m. ET. Average volume has been 708,000 shares over the past 30 days. Wright Medical Group has a market cap of $708.9 million and is part of the health care sector and health services industry. Shares are up 16.8% year to date as of the close of trading on Tuesday. Wright Medical Group, Inc., an orthopedic medical device company, engages in the design, manufacture, and marketing of devices and biologic products for the extremity, hip, and knee repair and reconstruction. The company also provides surgical solutions for the foot and ankle market. The company has a P/E ratio of 29.5, below the average health services industry P/E ratio of 30 and above the S&P 500 P/E ratio of 17.7.