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NEW YORK ( TheStreet) -- Tim Holding Company (NYSE: TSU) hit a new 52-week high Monday as it is currently trading at $32.27, above its previous 52-week high of $32.25 with 479,140 shares traded as of 1:50 p.m. ET. Average volume has been 968,000 shares over the past 30 days. Tim Holding has a market cap of $13.87 billion and is part of the technology sector and telecommunications industry. Shares are up 21.8% year to date as of the close of trading on Friday. TIM Participacoes S.A. provides mobile telecommunications services through global system mobile (GSM) technology to business and individual customers in Brazil. It provides prepaid and post paid services. The company has a P/E ratio of four, above the average telecommunications industry P/E ratio of 1.8 and below the S&P 500 P/E ratio of 17.7.