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NEW YORK ( TheStreet) -- WellCare Health Plans (NYSE: WCG) hit a new 52-week high Friday as it is currently trading at $71.98, above its previous 52-week high of $71.54 with 80,359 shares traded as of 10 a.m. ET. Average volume has been 557,400 shares over the past 30 days. WellCare Health Plans has a market cap of $2.5 billion and is part of the health care sector and health services industry. Shares are up 34.4% year to date as of the close of trading on Thursday. WellCare Health Plans, Inc. provides managed care services for government-sponsored health care programs in the United States. The company has a P/E ratio of 11.5, below the average health services industry P/E ratio of 12.3 and below the S&P 500 P/E ratio of 17.7.