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NEW YORK ( TheStreet) -- MTS Systems Corporation (Nasdaq: MTSC) hit a new 52-week high Friday as it is currently trading at $49.26, above its previous 52-week high of $48.72 with 10,182 shares traded as of 9:40 a.m. ET. Average volume has been 57,100 shares over the past 30 days. MTS Systems has a market cap of $717.2 million and is part of the technology sector and electronics industry. Shares are up 16.1% year to date as of the close of trading on Thursday. MTS Systems Corporation supplies test systems and industrial position sensors in the Americas, Europe, and Asia. The company has a P/E ratio of 14.5, above the average electronics industry P/E ratio of 14.1 and below the S&P 500 P/E ratio of 17.7.