NEW YORK ( TheStreet) -- Gap (NYSE: GPS) hit a new 52-week high Tuesday as it is currently trading at $27.02, above its previous 52-week high of $27 with 3.6 million shares traded as of 2:05 p.m. ET. Average volume has been 7.9 million shares over the past 30 days. Gap has a market cap of $12.8 billion and is part of the services sector and retail industry. Shares are up 42.5% year to date as of the close of trading on Monday. The Gap, Inc. operates as a specialty retailer. The company offers apparel, accessories, and personal care products for men, women, children, and babies under the Gap, Old Navy, Banana Republic, Piperlime, and Athleta brand names. The company has a P/E ratio of 17, above the average retail industry P/E ratio of 16.7 and below the S&P 500 P/E ratio of 17.7.
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