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NEW YORK ( TheStreet) -- Raven Industries (Nasdaq: RAVN) hit a new 52-week high Friday as it is currently trading at $69.55, above its previous 52-week high of $69.30 with 6,356 shares traded as of 10:05 a.m. ET. Average volume has been 54,100 shares over the past 30 days. Raven has a market cap of $1.17 billion and is part of the technology sector and electronics industry. Shares are up 9.8% year to date as of the close of trading on Thursday. Raven Industries, Inc., together with its subsidiaries, manufactures various products for industrial, agricultural, construction, and military/aerospace markets, primarily in North America. The company has a P/E ratio of 26.2, above the average electronics industry P/E ratio of 25.1 and above the S&P 500 P/E ratio of 17.7.