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NEW YORK ( TheStreet) -- Trimble Navigation (Nasdaq: TRMB) hit a new 52-week high Tuesday as it is currently trading at $55.63, above its previous 52-week high of $55.57 with 577,812 shares traded as of 3:10 p.m. ET. Average volume has been 613,100 shares over the past 30 days. Trimble Navigation has a market cap of $6.57 billion and is part of the technology sector and electronics industry. Shares are up 22.5% year to date as of the close of trading on Monday. Trimble Navigation Limited provides positioning, wireless, and software technology solutions. The company has a P/E ratio of 44, equal to the average electronics industry P/E ratio and above the S&P 500 P/E ratio of 17.7.