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NEW YORK ( TheStreet) -- Terra Nitrogen Company L.P (NYSE: TNH) hit a new 52-week high Thursday as it is currently trading at $284.73, above its previous 52-week high of $283.87 with 58,376 shares traded as of 12:55 p.m. ET. Average volume has been 75,900 shares over the past 30 days. Terra Nitrogen Company L.P has a market cap of $4.84 billion and is part of the basic materials sector and chemicals industry. Shares are up 62.3% year to date as of the close of trading on Wednesday. Terra Nitrogen Company, L.P. engages in the production and sale of nitrogen fertilizer products. It primarily offers anhydrous ammonia and urea ammonium nitrate solutions. Terra Nitrogen GP Inc. serves as the general partner of the company. Terra Nitrogen Company, L.P. The company has a P/E ratio of 17.3, above the average chemicals industry P/E ratio of 17.1 and below the S&P 500 P/E ratio of 17.7.