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NEW YORK ( TheStreet) -- Intuit (Nasdaq: INTU) hit a new 52-week high Wednesday as it is currently trading at $59.26, above its previous 52-week high of $58.90 with 396,722 shares traded as of 9:45 a.m. ET. Average volume has been two million shares over the past 30 days. Intuit has a market cap of $17.04 billion and is part of the technology sector and computer software & services industry. Shares are up 9.4% year to date as of the close of trading on Tuesday. Intuit Inc. provides business and financial management solutions for small and medium-sized businesses, consumers, accounting professionals, and financial institutions primarily in the United States, Canada, India, Singapore, and the United Kingdom. The company has a P/E ratio of 28.5, above the average computer software & services industry P/E ratio of 25.8 and above the S&P 500 P/E ratio of 17.7.