NEW YORK ( TheStreet) -- Graco Incorporated (NYSE: GGG) hit a new 52-week high Monday as it is currently trading at $54.43, above its previous 52-week high of $54.41 with 285,430 shares traded as of 1:05 p.m. ET. Average volume has been 345,500 shares over the past 30 days. Graco has a market cap of $3.21 billion and is part of the industrial goods sector and industrial industry. Shares are up 29.3% year to date as of the close of trading on Friday. Graco Inc. designs, manufactures, and markets systems and equipment to pump, meter, mix, and dispense various fluids and semi-solids worldwide. It operates in three segments: Industrial, Contractor, and Lubrication. The company has a P/E ratio of 22.9, below the average industrial industry P/E ratio of 23.1 and above the S&P 500 P/E ratio of 17.7.
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