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NEW YORK ( TheStreet) -- Polaris Industries (NYSE: PII) hit a new 52-week high Thursday as it is currently trading at $70.04, above its previous 52-week high of $69.96 with 633,519 shares traded as of 12:30 p.m. ET. Average volume has been 795,200 shares over the past 30 days. Polaris has a market cap of $4.33 billion and is part of the consumer goods sector and automotive industry. Shares are up 18% year to date as of the close of trading on Wednesday. Polaris Industries Inc. designs, engineers, and manufactures off-road vehicles. It offers all terrain vehicles and side-by-side vehicles for recreational and utility use; snowmobiles; and on-road vehicles, including motorcycles and low emission vehicles. The company has a P/E ratio of 20.7, above the average automotive industry P/E ratio of 20.3 and above the S&P 500 P/E ratio of 17.7.