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NEW YORK ( TheStreet) -- EMC Corporation (NYSE: EMC) hit a new 52-week high Friday as it is currently trading at $28.90, above its previous 52-week high of $28.74 with 1.1 million shares traded as of 9:40 a.m. ET. Average volume has been 21.7 million shares over the past 30 days. EMC has a market cap of $51.28 billion and is part of the technology sector and computer hardware industry. Shares are up 32.4% year to date as of the close of trading on Thursday. EMC Corporation develops, delivers, and supports the information and virtual infrastructure technologies and solutions. The company has a P/E ratio of 25.5, above the average computer hardware industry P/E ratio of 24.9 and above the S&P 500 P/E ratio of 17.7.