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NEW YORK ( TheStreet) -- MasterCard Incorporated (NYSE: MA) hit a new 52-week high Monday as it is currently trading at $429.15, above its previous 52-week high of $428.57 with 141,568 shares traded as of 10:04 a.m. ET. Average volume has been 1.1 million shares over the past 30 days. MasterCard has a market cap of $41.59 billion and is part of the services sector and diversified services industry. Shares are up 13.7% year to date as of the close of trading on Friday. MasterCard Incorporated, a payments and technology company, together with its subsidiaries, provides transaction processing and other payment-related services in the United States and internationally. The company has a P/E ratio of 28.1, above the average diversified services industry P/E ratio of 19.2 and above the S&P 500 P/E ratio of 17.7.