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NEW YORK ( TheStreet) -- VeriFone Systems (NYSE: PAY) hit a new 52-week high Thursday as it is currently trading at $55.71, above its previous 52-week high of $55.64 with 867,098 shares traded as of 11:55 a.m. ET. Average volume has been 2.2 million shares over the past 30 days. VeriFone Systems has a market cap of $5.66 billion and is part of the consumer goods sector and consumer durables industry. Shares are up 52.7% year to date as of the close of trading on Wednesday. Verifone Systems, Inc. designs, markets, and services electronic payment solutions in North America and internationally. The company has a P/E ratio of 21.4, above the average consumer durables industry P/E ratio of 20.9 and above the S&P 500 P/E ratio of 17.7.