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NEW YORK ( TheStreet) -- Ulta Salon Cosmetics & Fragrances (Nasdaq: ULTA) hit a new 52-week high Thursday as it is currently trading at $85.03, above its previous 52-week high of $84.48 with 328,287 shares traded as of 11:15 a.m. ET. Average volume has been 959,800 shares over the past 30 days. Ulta Salon Cosmetics & Fragrances has a market cap of $4.79 billion and is part of the services sector and diversified services industry. Shares are up 28.2% year to date as of the close of trading on Wednesday. Ulta Salon, Cosmetics & Fragrance, Inc., a beauty retailer, provides prestige, mass, and salon products; and salon services in the United States. The company has a P/E ratio of 50.5, below the average diversified services industry P/E ratio of 66.1 and above the S&P 500 P/E ratio of 17.7.