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NEW YORK ( TheStreet) -- Arctic Cat (Nasdaq: ACAT) hit a new 52-week high Friday as it is currently trading at $41.49, above its previous 52-week high of $41.14 with 32,077 shares traded as of 10:20 a.m. ET. Average volume has been 140,200 shares over the past 30 days. Arctic Cat has a market cap of $280.4 million and is part of the consumer goods sector and automotive industry. Shares are up 80.8% year to date as of the close of trading on Thursday. Arctic Cat Inc. designs, engineers, manufactures, and markets snowmobiles and all-terrain vehicles (ATVs) under the Arctic Cat brand name in the United States and internationally. It also offers related parts, garments, and accessories. The company has a P/E ratio of 27.5, above the average automotive industry P/E ratio of 23 and above the S&P 500 P/E ratio of 17.7.