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NEW YORK ( TheStreet) -- Smart Balance (Nasdaq: SMBL) hit a new 52-week high Friday as it is currently trading at $7.07, above its previous 52-week high of $7.00 with 146,958 shares traded as of 10 a.m. ET. Average volume has been 382,900 shares over the past 30 days. Smart Balance has a market cap of $383.7 million and is part of the consumer goods sector and food & beverage industry. Shares are up 59.1% year to date as of the close of trading on Thursday. Smart Balance, Inc., a consumer food products company, distributes various food products in the United States and internationally. The company has a P/E ratio of 59.2, below the average food & beverage industry P/E ratio of 72.3 and above the S&P 500 P/E ratio of 17.7.