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NEW YORK ( TheStreet) -- ASML (Nasdaq: ASML) hit a new 52-week high Thursday as it is currently trading at $47.79, above its previous 52-week high of $47.77 with 238,951 shares traded as of 10:05 a.m. ET. Average volume has been 2.4 million shares over the past 30 days. ASML has a market cap of $18.99 billion and is part of the technology sector and electronics industry. Shares are up 13.9% year to date as of the close of trading on Wednesday. ASML Holding N.V., through its subsidiaries, engages in designing, manufacturing, marketing, and servicing semiconductor processing equipment used in the fabrication of integrated circuits. The company has a P/E ratio of 64.3, above the average electronics industry P/E ratio of 9.8 and above the S&P 500 P/E ratio of 17.7.