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NEW YORK ( TheStreet) -- bebe stores (Nasdaq: BEBE) hit a new 52-week high Tuesday as it is currently trading at $9.40, above its previous 52-week high of $9.38 with 90,295 shares traded as of 11:19 a.m. ET. Average volume has been 418,500 shares over the past 30 days. Bebe has a market cap of $717 million and is part of the services sector and retail industry. Shares are up 11.2% year to date as of the close of trading on Monday. bebe stores, inc. engages in the design, development, and production of women's apparel and accessories. Its products include a range of separates, tops, dresses, active wear, and accessories in career, evening, casual, and active lifestyle categories. The company has a P/E ratio of 65.8, below the average retail industry P/E ratio of 284 and above the S&P 500 P/E ratio of 17.7.