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NEW YORK ( TheStreet) -- BT Group (NYSE: BT) hit a new 52-week high Thursday as it is currently trading at $34.80, above its previous 52-week high of $34.79 with 46,141 shares traded as of 12:19 p.m. ET. Average volume has been 142,800 shares over the past 30 days. BT Group has a market cap of $26.63 billion and is part of the technology sector and telecommunications industry. Shares are up 15.9% year to date as of the close of trading on Wednesday. BT Group plc provides communications solutions and services worldwide. It engages in the provision of networked IT services; and local, national, and international telecommunications services for use at home, at work, and on the move. The company has a P/E ratio of 10.3, below the average telecommunications industry P/E ratio of 11 and below the S&P 500 P/E ratio of 17.7.