- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter
NEW YORK ( TheStreet) -- NewMarket Corporation (NYSE: NEU) hit a new 52-week high Wednesday as it is currently trading at $220.02, above its previous 52-week high of $219.63 with 52,770 shares traded as of 12:34 p.m. ET. Average volume has been 65,500 shares over the past 30 days. NewMarket has a market cap of $2.88 billion and is part of the basic materials sector and chemicals industry. Shares are up 9.1% year to date as of the close of trading on Tuesday. NewMarket Corporation, through its subsidiaries, engages in the petroleum additives and real estate development businesses. The company has a P/E ratio of 13.5, above the average chemicals industry P/E ratio of 13.4 and below the S&P 500 P/E ratio of 17.7.