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NEW YORK ( TheStreet) -- Toll Brothers (NYSE: TOL) hit a new 52-week high Friday as it is currently trading at $24.35, above its previous 52-week high of $24.22 with 733,400 shares traded as of 9:55 a.m. ET. Average volume has been 4.1 million shares over the past 30 days. Toll Brothers has a market cap of $3.75 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 14.7% year to date as of the close of trading on Thursday. Toll Brothers, Inc., together with its subsidiaries, designs, builds, markets, and arranges finance for single-family detached and attached homes in luxury residential communities. The company has a P/E ratio of 113.8, above the average materials & construction industry P/E ratio of 93.9 and above the S&P 500 P/E ratio of 17.7.