NEW YORK ( TheStreet) -- Danaher Corporation (NYSE: DHR) hit a new 52-week high Monday as it is currently trading at $56.16, above its previous 52-week high of $56.09 with 736,294 shares traded as of 11:20 a.m. ET. Average volume has been 3.2 million shares over the past 30 days. Danaher has a market cap of $36.24 billion and is part of the conglomerates sector and conglomerates industry. Shares are up 19% year to date as of the close of trading on Friday. Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services primarily in North America, Europe, and Asia/Australia. The company has a P/E ratio of 19.9, above the average conglomerates industry P/E ratio of 17.7 and above the S&P 500 P/E ratio of 17.7.
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