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NEW YORK ( TheStreet) -- A Schulman (Nasdaq: SHLM) hit a new 52-week high Thursday as it is currently trading at $27.18, above its previous 52-week high of $27 with 28,923 shares traded as of 11:17 a.m. ET. Average volume has been 215,400 shares over the past 30 days. A Schulman has a market cap of $686.6 million and is part of the basic materials sector and chemicals industry. Shares are up 26.1% year to date as of the close of trading on Wednesday. A. Schulman, Inc. supplies plastic compounds and resins for packaging, consumer products, industrial, and automotive applications. The company has a P/E ratio of 18, above the average chemicals industry P/E ratio of 15.7 and above the S&P 500 P/E ratio of 17.7.