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NEW YORK ( TheStreet) -- Snyders-Lance (Nasdaq: LNCE) hit a new 52-week high Wednesday as it is currently trading at $23.97, above its previous 52-week high of $23.96 with 24,380 shares traded as of 10:15 a.m. ET. Average volume has been 200,200 shares over the past 30 days. Snyders-Lance has a market cap of $1.54 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 5.7% year to date as of the close of trading on Tuesday. Snyder's-Lance, Inc. manufactures, markets, and distributes snack food products primarily in the United States. Its products include pretzels, sandwich crackers, kettle chips, cookies, potato chips, tortilla chips, other salty snacks, sugar wafers, nuts, and restaurant style crackers. The company has a P/E ratio of 41.4, above the S&P 500 P/E ratio of 17.7.