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NEW YORK ( TheStreet) -- Panera Bread Company (Nasdaq: PNRA) hit a new 52-week high Friday as it is currently trading at $160.98, above its previous 52-week high of $160.88 with 295,966 shares traded as of 3:34 p.m. ET. Average volume has been 390,900 shares over the past 30 days. Panera Bread has a market cap of $4.16 billion and is part of the services sector and leisure industry. Shares are up 12.4% year to date as of the close of trading on Thursday. Panera Bread Company, together with its subsidiaries, owns, operates, and franchises retail bakery-cafes in the United States and Canada. The company has a P/E ratio of 33.6, above the average leisure industry P/E ratio of 33.2 and above the S&P 500 P/E ratio of 17.7.