NEW YORK ( TheStreet) -- Conmed Corporation (Nasdaq: CNMD) hit a new 52-week high Wednesday as it is currently trading at $29.83, above its previous 52-week high of $29.78 with 16,949 shares traded as of 10:17 a.m. ET. Average volume has been 132,700 shares over the past 30 days. Conmed has a market cap of $802.1 million and is part of the health care sector and health services industry. Shares are up 14.5% year to date as of the close of trading on Tuesday. CONMED Corporation, a medical technology company, provides surgical devices and equipment for minimally invasive procedures and monitoring. The company has a P/E ratio of 25.5, above the average health services industry P/E ratio of 25 and above the S&P 500 P/E ratio of 17.7.
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