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NEW YORK ( TheStreet) -- Cedar Fair (NYSE: FUN) hit a new 52-week high Wednesday as it is currently trading at $23.78, above its previous 52-week high of $23.73 with 27,833 shares traded as of 10:03 a.m. ET. Average volume has been 260,600 shares over the past 30 days. Cedar Fair has a market cap of $1.28 billion and is part of the services sector and leisure industry. Shares are up 9.2% year to date as of the close of trading on Tuesday. Cedar Fair, L.P. owns and operates amusement and water parks in the United States and Canada. The company has a P/E ratio of 144.9, below the average leisure industry P/E ratio of 154.5 and above the S&P 500 P/E ratio of 17.7.