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NEW YORK ( TheStreet) -- Home Depot (NYSE: HD) hit a new 52-week high Wednesday as it is currently trading at $49.72, above its previous 52-week high of $49.71 with 2.1 million shares traded as of 10:35 a.m. ET. Average volume has been 10.7 million shares over the past 30 days. Home Depot has a market cap of $69.31 billion and is part of the services sector and retail industry. Shares are up 17.5% year to date as of the close of trading on Tuesday. The Home Depot Inc., together with its subsidiaries, operates as a home improvement retailer. The company's stores sell a range of building materials, home improvement products, and lawn and garden products to do-it-yourself, do-it-for-me (D-I-F-M), and professional customers. The company has a P/E ratio of 19.8, above the average retail industry P/E ratio of 19.4 and above the S&P 500 P/E ratio of 17.7.