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NEW YORK ( TheStreet) -- Airgas (NYSE: ARG) hit a new 52-week high Thursday as it is currently trading at $82.81, above its previous 52-week high of $82.73 with 90,037 shares traded as of 12:09 p.m. ET. Average volume has been 589,600 shares over the past 30 days. Airgas has a market cap of $6 billion and is part of the services sector and wholesale industry. Shares are up 4.5% year to date as of the close of trading on Wednesday. Airgas, Inc., through its subsidiaries, engages in the distribution of industrial, medical, and specialty gases in the United States. The company has a P/E ratio of 47.9, above the average wholesale industry P/E ratio of 23.7 and above the S&P 500 P/E ratio of 17.7.