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NEW YORK ( TheStreet) -- Allegiant Travel Company LLC (Nasdaq: ALGT) hit a new 52-week high Wednesday as it is currently trading at $52.96, above its previous 52-week high of $52.95 with 104,772 shares traded as of 2:19 p.m. ET. Average volume has been 181,300 shares over the past 30 days. Allegiant Travel Company LLC has a market cap of $995.7 million and is part of the services sector and transportation industry. Shares are up 6.1% year to date as of the close of trading on Tuesday. Allegiant Travel Company, through its subsidiaries, operates as a leisure travel company in the United States. It focuses on transporting travelers in small cities to leisure destinations, Las Vegas, Orlando, Phoenix, Tampa/St. Petersburg, Los Angeles, and Ft. The company has a P/E ratio of 18.3, below the average transportation industry P/E ratio of 18.5 and above the S&P 500 P/E ratio of 17.7.