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NEW YORK ( TheStreet) -- Volterra Semiconductor Corporation (Nasdaq: VLTR) hit a new 52-week high Wednesday as it is currently trading at $27.81, above its previous 52-week high of $27.68 with 270,943 shares traded as of 1 p.m. ET. Average volume has been 222,300 shares over the past 30 days. Volterra Semiconductor has a market cap of $636 million and is part of the technology sector and electronics industry. Shares are up 1.1% year to date as of the close of trading on Tuesday. Volterra Semiconductor Corporation engages in the design, development, and marketing of analog and mixed-signal power management semiconductors for computing, storage, networking, and consumer markets. The company has a P/E ratio of 37, below the average electronics industry P/E ratio of 37.5 and above the S&P 500 P/E ratio of 17.7.