NEW YORK ( TheStreet) -- Advance Auto Parts Inc (NYSE: AAP) hit a new 52-week high Wednesday as it is currently trading at $61.46, above its previous 52-week high of $51.28 with 5,415 shares traded as of 9:34 a.m. ET. Average volume has been 1.2 million shares over the past 30 days. Advance Auto Parts has a market cap of $4.4 billion and is part of the services sector and retail industry. Shares are down 9.9% year to date as of the close of trading on Tuesday. Advance Auto Parts, Inc., through its subsidiaries, operates as a retailer of automotive aftermarket parts, accessories, batteries, and maintenance items. It operates in two segments, Advance Auto Parts (AAP) and Autopart International (AI). The company has a P/E ratio of 13.8, above the average retail industry P/E ratio of 13.5 and below the S&P 500 P/E ratio of 17.7.
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