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NEW YORK ( TheStreet) -- Stepan Company (NYSE: SCL) hit a new 52-week high Friday as it is currently trading at $88.89, above its previous 52-week high of $88.87 with 5,784 shares traded as of 10:38 a.m. ET. Average volume has been 31,200 shares over the past 30 days. Stepan has a market cap of $866.2 million and is part of the consumer goods sector and consumer non-durables industry. Shares are up 7.8% year to date as of the close of trading on Thursday. Stepan Company, together with its subsidiaries, engages in the production and sale of specialty and intermediate chemicals to manufacturers in various industries worldwide. The company has a P/E ratio of 14.6, above the average consumer non-durables industry P/E ratio of 14.1 and below the S&P 500 P/E ratio of 17.7.