NEW YORK ( TheStreet) -- Mistras Group (NYSE: MG) hit a new 52-week high Thursday as it is currently trading at $21.90, above its previous 52-week high of $21.18 with 246,888 shares traded as of three p.m. ET. Average volume has been 201,500 shares over the past 30 days. Mistras Group has a market cap of $548.4 million and is part of the services sector and diversified services industry. Shares are up 47% year to date as of the close of trading on Wednesday. Mistras Group, Inc. provides technology-enabled asset protection solutions to evaluate the structural integrity and reliability of critical energy, industrial, and public infrastructure worldwide. The company has a P/E ratio of 30, below the average diversified services industry P/E ratio of 32.5 and above the S&P 500 P/E ratio of 17.7.
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