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NEW YORK ( TheStreet) -- Centene Corporation (NYSE: CNC) hit a new 52-week high Wednesday as it is currently trading at $47.52, above its previous 52-week high of $47.39 with 651,217 shares traded as of 3:15 p.m. ET. Average volume has been 498,900 shares over the past 30 days. Centene has a market cap of $2.22 billion and is part of the health care sector and health services industry. Shares are up 15.6% year to date as of the close of trading on Tuesday. Centene Corporation operates as a multiline healthcare company in the United States. It operates through two segments, Medicaid Managed Care and Specialty Services. The company has a P/E ratio of 22.2, above the average health services industry P/E ratio of 21.5 and above the S&P 500 P/E ratio of 17.7.