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NEW YORK ( TheStreet) -- Cabela's (NYSE: CAB) hit a new 52-week high Friday as it is currently trading at $33.13, above its previous 52-week high of $32.37 with 1.4 million shares traded as of 12:55 p.m. ET. Average volume has been 471,400 shares over the past 30 days. Cabela's has a market cap of $1.82 billion and is part of the services sector and specialty retail industry. Shares are up 27.1% year to date as of the close of trading on Thursday. Cabela's Incorporated, together with its subsidiaries, operates as a specialty retailer and direct marketer of hunting, fishing, camping, and related outdoor merchandise. The company has a P/E ratio of 14.4, above the average specialty retail industry P/E ratio of 13.2 and below the S&P 500 P/E ratio of 17.7.