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NEW YORK ( TheStreet) -- Herbalife (NYSE: HLF) hit a new 52-week high Thursday as it is currently trading at $70.46, above its previous 52-week high of $70.35 with 357,742 shares traded as of 10:05 a.m. ET. Average volume has been 1.5 million shares over the past 30 days. Herbalife has a market cap of $6.58 billion and is part of the health care sector and drugs industry. Shares are up 35.3% year to date as of the close of trading on Wednesday. Herbalife Ltd., a network marketing company, sells weight management, nutritional supplement, energy, sports and fitness, and personal care products worldwide. The company has a P/E ratio of 21.2, above the average drugs industry P/E ratio of 18.2 and above the S&P 500 P/E ratio of 17.7.