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NEW YORK ( TheStreet) -- Nordstrom (NYSE: JWN) hit a new 52-week high Tuesday as it is currently trading at $54.82, above its previous 52-week high of $54.68 with 1.7 million shares traded as of 3:30 p.m. ET. Average volume has been 2.4 million shares over the past 30 days. Nordstrom has a market cap of $10.39 billion and is part of the services sector and retail industry. Shares are up 8% year to date as of the close of trading on Monday. Nordstrom, Inc., a fashion specialty retailer, offers apparel, shoes, cosmetics, and accessories for women, men, and children in the United States. It offers a selection of brand name and private label merchandise. The company has a P/E ratio of 17.2, above the average retail industry P/E ratio of 16.1 and below the S&P 500 P/E ratio of 17.7.