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NEW YORK ( TheStreet) -- Beacon Roofing Supply (Nasdaq: BECN) hit a new 52-week high Friday as it is currently trading at $23.68, above its previous 52-week high of $23.54 with 293,246 shares traded as of 2:39 p.m. ET. Average volume has been 433,300 shares over the past 30 days. Beacon Roofing Supply has a market cap of $1.04 billion and is part of the services sector and wholesale industry. Shares are up 13.5% year to date as of the close of trading on Thursday. Beacon Roofing Supply, Inc. distributes residential and non-residential roofing materials. The company has a P/E ratio of 18.2, above the average wholesale industry P/E ratio of 17.8 and above the S&P 500 P/E ratio of 17.7.