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NEW YORK ( TheStreet) -- Macquarie Infrastructure Company (NYSE: MIC) hit a new 52-week high Thursday as it is currently trading at $31.72, above its previous 52-week high of $31.32 with 34,926 shares traded as of 10:04 a.m. ET. Average volume has been 161,700 shares over the past 30 days. Macquarie Infrastructure has a market cap of $1.3 billion and is part of the services sector and wholesale industry. Shares are up 11.4% year to date as of the close of trading on Wednesday. Macquarie Infrastructure Company LLC, through its subsidiaries, owns, operates, and invests in a diversified group of infrastructure businesses in the United States. The company has a P/E ratio of 52.2, below the average wholesale industry P/E ratio of 67 and above the S&P 500 P/E ratio of 17.7.