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NEW YORK ( TheStreet) -- TJX Companies (NYSE: TJX) hit a new 52-week high Tuesday as it is currently trading at $40.63, above its previous 52-week high of $40.62 with 2.1 million shares traded as of 11:25 a.m. ET. Average volume has been 4.3 million shares over the past 30 days. TJX Companies has a market cap of $29.88 billion and is part of the services sector and retail industry. Shares are up 24.5% year to date as of the close of trading on Monday. The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer in the United States and internationally. The company has a P/E ratio of 20.6, equal to the average retail industry P/E ratio and above the S&P 500 P/E ratio of 17.7.