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NEW YORK ( TheStreet) -- Triumph Group (NYSE: TGI) hit a new 52-week high Monday as it is currently trading at $55.27, above its previous 52-week high of $54.82 with 104,657 shares traded as of 10:20 a.m. ET. Average volume has been 515,500 shares over the past 30 days. Triumph Group has a market cap of $2.5 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 20.6% year to date as of the close of trading on Friday. Triumph Group, Inc., through its subsidiaries, engages in the design, engineering, manufacture, repair, overhaul, and distribution of aerostructures, aircraft components, accessories, subassemblies, and systems worldwide. The company has a P/E ratio of 13.2, below the average aerospace/defense industry P/E ratio of 13.9 and below the S&P 500 P/E ratio of 17.7.