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NEW YORK ( TheStreet) -- Fresh Market (Nasdaq: TFM) hit a new 52-week high Thursday as it is currently trading at $50.80, above its previous 52-week high of $49.85 with 63,683 shares traded as of 9:45 a.m. ET. Average volume has been 259,400 shares over the past 30 days. Fresh Market has a market cap of $2.32 billion and is part of the services sector and retail industry. Shares are up 21% year to date as of the close of trading on Wednesday. The Fresh Market, Inc. operates as a specialty grocery retailer. The company has a P/E ratio of 45.1, equal to the average retail industry P/E ratio and above the S&P 500 P/E ratio of 17.7.