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NEW YORK ( TheStreet) -- Pricesmart (Nasdaq: PSMT) hit a new 52-week high Wednesday as it is currently trading at $75.28, above its previous 52-week high of $75.16 with 231,318 shares traded as of 2:10 p.m. ET. Average volume has been 321,500 shares over the past 30 days. Pricesmart has a market cap of $2.2 billion and is part of the services sector and retail industry. Shares are up 91.6% year to date as of the close of trading on Tuesday. PriceSmart, Inc. owns and operates warehouse clubs in the United States, Latin America, and the Caribbean. The company has a P/E ratio of 34.7, below the average retail industry P/E ratio of 34.9 and above the S&P 500 P/E ratio of 17.7.