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NEW YORK ( TheStreet) -- Elizabeth Arden (Nasdaq: RDEN) hit a new 52-week high Wednesday as it is currently trading at $39.97, above its previous 52-week high of $39.96 with 162,364 shares traded as of 3:13 p.m. ET. Average volume has been 206,000 shares over the past 30 days. Elizabeth Arden has a market cap of $1.07 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 6.7% year to date as of the close of trading on Tuesday. Elizabeth Arden, Inc., a beauty products company, engages in the manufacture, distribution, marketing, and sale of fragrances, skin care, and cosmetic products to retailers and other outlets worldwide. The company has a P/E ratio of 21.8, above the average consumer non-durables industry P/E ratio of 20.6 and above the S&P 500 P/E ratio of 17.7.