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NEW YORK ( TheStreet) -- Mindray Medical International (NYSE: MR) hit a new 52-week high Tuesday as it is currently trading at $32.32, above its previous 52-week high of $32.29 with 260,163 shares traded as of 2:20 p.m. ET. Average volume has been 482,800 shares over the past 30 days. Mindray Medical International has a market cap of $3.43 billion and is part of the health care sector and health services industry. Shares are up 24.1% year to date as of the close of trading on Monday. Mindray Medical International Limited, through its subsidiary, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., develops, manufactures, and markets medical devices worldwide. The company has a P/E ratio of 20.1, below the average health services industry P/E ratio of 22.1 and above the S&P 500 P/E ratio of 17.7.