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NEW YORK ( TheStreet) -- Macquarie Infrastructure Company (NYSE: MIC) hit a new 52-week high Friday as it is currently trading at $29.38, above its previous 52-week high of $29.37 with 3,381 shares traded as of 9:49 a.m. ET. Average volume has been 161,700 shares over the past 30 days. Macquarie Infrastructure has a market cap of $1.3 billion and is part of the services sector and wholesale industry. Shares are up 4.7% year to date as of the close of trading on Thursday. Macquarie Infrastructure Company LLC invests, owns, and operates in a diversified group of infrastructure businesses in the United States. Its businesses comprise the energy-related businesses and an aviation-related business. The company has a P/E ratio of 68.9, above the average wholesale industry P/E ratio of 67 and above the S&P 500 P/E ratio of 17.7.