NEW YORK ( TheStreet) -- MarketAxess Holdings (Nasdaq: MKTX) hit a new 52-week high Thursday as it is currently trading at $37.07, above its previous 52-week high of $37.06 with 241,621 shares traded as of 1:45 p.m. ET. Average volume has been 186,600 shares over the past 30 days. MarketAxess has a market cap of $1.18 billion and is part of the financial sector and financial services industry. Shares are up 16% year to date as of the close of trading on Wednesday. MarketAxess Holdings Inc., through its subsidiaries, operates an electronic trading platform that allows investment industry professionals to trade corporate bonds and other types of fixed-income instruments. The company has a P/E ratio of 30.4, above the average financial services industry P/E ratio of 27.2 and above the S&P 500 P/E ratio of 17.7.
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