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NEW YORK ( TheStreet) -- Barnes Group (NYSE: B) hit a new 52-week high Tuesday as it is currently trading at $27.05, above its previous 52-week high of $27 with 113,023 shares traded as of 11:39 a.m. ET. Average volume has been 346,600 shares over the past 30 days. Barnes Group has a market cap of $1.34 billion and is part of the industrial goods sector and industrial industry. Shares are up 11% year to date as of the close of trading on Monday. Barnes Group Inc. The company has a P/E ratio of 19.9, above the average industrial industry P/E ratio of 18.2 and above the S&P 500 P/E ratio of 17.7.