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NEW YORK ( TheStreet) -- Limited Brands (NYSE: LTD) hit a new 52-week high Wednesday as it is currently trading at $48.01, above its previous 52-week high of $47.80 with 1.3 million shares traded as of 12 p.m. ET. Average volume has been 3.5 million shares over the past 30 days. Limited has a market cap of $12.39 billion and is part of the services sector and retail industry. Shares are up 17.1% year to date as of the close of trading on Tuesday. Limited Brands, Inc. operates as a retailer of women's intimate and other apparel, beauty and personal care products, and accessories in the United States and Canada. The company has a P/E ratio of 18.1, above the average retail industry P/E ratio of 14.4 and above the S&P 500 P/E ratio of 17.7.