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NEW YORK ( TheStreet) -- Medco Health Solutions (NYSE: MHS) hit a new 52-week high Wednesday as it is currently trading at $72.29, above its previous 52-week high of $70.97 with 7.8 million shares traded as of 9:35 a.m. ET. Average volume has been 3.3 million shares over the past 30 days. Medco Health has a market cap of $24 billion and is part of the services sector and wholesale industry. Shares are up 23.5% year to date as of the close of trading on Tuesday. Medco Health Solutions, Inc., a healthcare company, provides clinically-driven pharmacy services for private and public employers, health plans, labor unions, government agencies, and individuals worldwide. The company has a P/E ratio of 19.2, above the average wholesale industry P/E ratio of 18.1 and above the S&P 500 P/E ratio of 17.7.