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NEW YORK ( TheStreet) -- Synovis Life Technologies (Nasdaq: SYNO) hit a new 52-week high Tuesday as it is currently trading at $27.98, above its previous 52-week high of $27.97 with 52,394 shares traded as of 3 p.m. ET. Average volume has been 165,800 shares over the past 30 days. Synovis Life has a market cap of $312.1 million and is part of the health care sector and health services industry. Shares are up 0.4% year to date as of the close of trading on Monday. Synovis Life Technologies, Inc., a medical device company, engages in the development, manufacture, and marketing of biological and mechanical products used by surgical specialties for the repair and reconstruction of soft tissue damaged or destroyed by disease or injury. The company has a P/E ratio of 38.3, equal to the average health services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.