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NEW YORK ( TheStreet) -- Monro Muffler/Brake (Nasdaq: MNRO) hit a new 52-week high Wednesday as it is currently trading at $45.74, above its previous 52-week high of $45.50 with 1,297 shares traded as of 9:30 a.m. ET. Average volume has been 211,000 shares over the past 30 days. Monro Muffler/Brake has a market cap of $1.24 billion and is part of the consumer goods sector and automotive industry. Shares are up 17.2% year to date as of the close of trading on Tuesday. Monro Muffler Brake, Inc. provides automotive undercar repair and tire services. The company offers a range of services on passenger cars, light trucks, and vans for brakes; mufflers and exhaust systems; and steering, drive train, suspension, and wheel alignment. The company has a P/E ratio of 28.8, above the average automotive industry P/E ratio of 25.9 and above the S&P 500 P/E ratio of 17.7.