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NEW YORK ( TheStreet) -- Universal Corporation (NYSE: UVV) hit a new 52-week high Wednesday as it is currently trading at $45.97, above its previous 52-week high of $45.96 with 45,218 shares traded as of 10:47 a.m. ET. Average volume has been 268,200 shares over the past 30 days. Universal has a market cap of $1 billion and is part of the consumer goods sector and tobacco industry. Shares are up 10.1% year to date as of the close of trading on Tuesday. Universal Corporation, through its subsidiaries, operates as a leaf tobacco merchant and processor primarily in North America, South America, Africa, Europe, and Asia. The company has a P/E ratio of 16, equal to the average tobacco industry P/E ratio and below the S&P 500 P/E ratio of 17.7.