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NEW YORK ( TheStreet) -- Molex (Nasdaq: MOLX) hit a new 52-week high Wednesday as it is currently trading at $28.12, above its previous 52-week high of $28.10 with 33,231 shares traded as of 10:04 a.m. ET. Average volume has been 756,100 shares over the past 30 days. Molex has a market cap of $2.62 billion and is part of the technology sector and electronics industry. Shares are up 14.8% year to date as of the close of trading on Tuesday. Molex Incorporated, together with its subsidiaries, engages in the design, manufacture, and sale of electronic components worldwide. The company has a P/E ratio of 16.6, above the average electronics industry P/E ratio of 15.8 and below the S&P 500 P/E ratio of 17.7.