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NEW YORK ( TheStreet) -- Peet's Coffee & Tea (Nasdaq: PEET) hit a new 52-week high Tuesday as it is currently trading at $64.21, above its previous 52-week high of $63.99 with 25,945 shares traded as of 10:21 a.m. ET. Average volume has been 179,300 shares over the past 30 days. Peet's Coffee & Tea has a market cap of $774.3 million and is part of the consumer goods sector and food & beverage industry. Shares are up 51.6% year to date as of the close of trading on Monday. Peet's Coffee & Tea, Inc. operates as a specialty coffee roaster and marketer of fresh roasted whole bean coffee and tea in the United States. It offers whole bean coffee and related products consisting of products for home brewing, tea, and packaged foods; and beverages and pastries. The company has a P/E ratio of 38.9, equal to the average food & beverage industry P/E ratio and above the S&P 500 P/E ratio of 17.7.