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NEW YORK ( TheStreet) -- Cedar Fair (NYSE: FUN) hit a new 52-week high Friday as it is currently trading at $28.97, above its previous 52-week high of $28.92 with 16,008 shares traded as of 9:45 a.m. ET. Average volume has been 285,300 shares over the past 30 days. Cedar Fair has a market cap of $1.37 billion and is part of the services sector and leisure industry. Shares are up 34.2% year to date as of the close of trading on Thursday. Cedar Fair, L.P. owns and operates amusement and water parks in the United States and Canada. The company has a P/E ratio of 21.7, below the average leisure industry P/E ratio of 164.8 and above the S&P 500 P/E ratio of 17.7.