NEW YORK ( TheStreet) -- Tyco International (NYSE: TYC) hit a new 52-week high Wednesday as it is currently trading at $55.64, above its previous 52-week high of $53.75 with 858,390 shares traded as of 9:35 a.m. ET. Average volume has been three million shares over the past 30 days. Tyco International has a market cap of $22.78 billion and is part of the industrial goods sector and industrial industry. Shares are up 14.6% year to date as of the close of trading on Tuesday. Tyco International Ltd. provides security products and services, fire protection and detection products and services, valves and controls, and other industrial products worldwide. It operates through three segments: Tyco Security Solutions, Tyco Fire Protection, and Tyco Flow Control. The company has a P/E ratio of 17.8, above the average industrial industry P/E ratio of 13.6 and above the S&P 500 P/E ratio of 17.7.
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