NEW YORK ( TheStreet) -- Thoratec Corporation (Nasdaq: THOR) hit a new 52-week high Monday as it is currently trading at $37.56, above its previous 52-week high of $37.55 with 353,100 shares traded as of 2:26 p.m. ET. Average volume has been 864,100 shares over the past 30 days. Thoratec has a market cap of $2.1 billion and is part of the health care sector and health services industry. Shares are up 27.6% year to date as of the close of trading on Friday. Thoratec Corporation develops, manufactures, and markets proprietary medical devices used for circulatory support. The company has a P/E ratio of 32.4, below the average health services industry P/E ratio of 34.2 and above the S&P 500 P/E ratio of 17.7.
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