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NEW YORK ( TheStreet) -- Woodward (Nasdaq: WWD) hit a new 52-week high Tuesday as it is currently trading at $42.47, above its previous 52-week high of $42.34 with 101,204 shares traded as of 11:19 a.m. ET. Average volume has been 378,800 shares over the past 30 days. Woodward has a market cap of $2.82 billion and is part of the industrial goods sector and industrial industry. Shares are unchanged year to date as of the close of trading on Friday. Woodward, Inc. designs, manufactures, and services energy control and optimization solutions for the aerospace and energy markets worldwide. The company has a P/E ratio of 21.7, equal to the average industrial industry P/E ratio and above the S&P 500 P/E ratio of 17.7.