NEW YORK ( TheStreet) -- Heico Corporation (NYSE: HEI) hit a new 52-week high Thursday as it is currently trading at $58.22, above its previous 52-week high of $57.98 with 138,065 shares traded as of 12:10 p.m. ET. Average volume has been 231,400 shares over the past 30 days. Heico has a market cap of $2.3 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 34.9% year to date as of the close of trading on Wednesday. HEICO Corporation, through its subsidiaries, engages in the design, manufacture, and sale of aerospace, defense, and electronic related products and services in the United States and internationally. The company has a P/E ratio of 32.7, equal to the average aerospace/defense industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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