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NEW YORK ( TheStreet) -- Westinghouse Air Brake Technologies (NYSE: WAB) hit a new 52-week high Tuesday as it is currently trading at $79.10, above its previous 52-week high of $79.08 with 167,618 shares traded as of 10:15 a.m. ET. Average volume has been 293,400 shares over the past 30 days. Westinghouse Air Brake has a market cap of $3.54 billion and is part of the services sector and transportation industry. Shares are up 10.9% year to date as of the close of trading on Monday. Westinghouse Air Brake Technologies Corporation, doing business as Wabtec Corporation, provides technology-based products and services for the freight rail and passenger transit industries worldwide. The company has a P/E ratio of 21.9, above the average transportation industry P/E ratio of 21 and above the S&P 500 P/E ratio of 17.7.