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NEW YORK ( TheStreet) -- Wal-Mart Stores (NYSE: WMT) hit a new 52-week high Wednesday as it is currently trading at $59.56, above its previous 52-week high of $59.40 with 1.7 million shares traded as of 10:05 a.m. ET. Average volume has been 11.5 million shares over the past 30 days. Wal-Mart Stores has a market cap of $197.88 billion and is part of the services sector and retail industry. Shares are up 9.8% year to date as of the close of trading on Tuesday. Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. The company's Walmart U.S. The company has a P/E ratio of 13.1, above the average retail industry P/E ratio of 12.3 and below the S&P 500 P/E ratio of 17.7.