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NEW YORK ( TheStreet) -- Volterra Semiconductor Corporation (Nasdaq: VLTR) hit a new 52-week high Thursday as it is currently trading at $32.38, above its previous 52-week high of $32.28 with 68,569 shares traded as of 10:55 a.m. ET. Average volume has been 217,300 shares over the past 30 days. Volterra Semiconductor has a market cap of $756.5 million and is part of the technology sector and electronics industry. Shares are up 24% year to date as of the close of trading on Wednesday. Volterra Semiconductor Corporation engages in the design, development, and marketing of analog and mixed-signal power management semiconductors for computing, storage, networking, and consumer markets. The company has a P/E ratio of 40.4, above the average electronics industry P/E ratio of 38.9 and above the S&P 500 P/E ratio of 17.7.