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NEW YORK ( TheStreet) -- Calumet Specialty Products Partners (Nasdaq: CLMT) hit a new 52-week high Friday as it is currently trading at $24.29, above its previous 52-week high of $24.27 with 43,927 shares traded as of 11:59 a.m. ET. Average volume has been 292,700 shares over the past 30 days. Calumet Specialty has a market cap of $1.16 billion and is part of the basic materials sector and energy industry. Shares are up 20% year to date as of the close of trading on Thursday. Calumet Specialty Products Partners, L.P. produces and sells specialty hydrocarbon products in North America. It operates in two segments, Specialty Products and Fuel Products. The company has a P/E ratio of 24.6, below the average energy industry P/E ratio of 35.1 and above the S&P 500 P/E ratio of 17.7.