NEW YORK ( TheStreet) -- International Paper (NYSE: IP) hit a new 52-week high Tuesday as it is currently trading at $36.20, above its previous 52-week high of $36 with four million shares traded as of 3:25 p.m. ET. Average volume has been 4.7 million shares over the past 30 days. International has a market cap of $14.06 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 19.9% year to date as of the close of trading on Monday. International Paper Company operates as a paper and packaging company in North America, Europe, Latin America, Russia, Asia, and north Africa. The company has a P/E ratio of 11.9, above the average consumer non-durables industry P/E ratio of 10 and below the S&P 500 P/E ratio of 17.7.
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