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NEW YORK ( TheStreet) -- Herbalife (NYSE: HLF) hit a new 52-week high Friday as it is currently trading at $72.16, above its previous 52-week high of $72.11 with 298,318 shares traded as of 10:40 a.m. ET. Average volume has been 1.3 million shares over the past 30 days. Herbalife has a market cap of $8.05 billion and is part of the health care sector and drugs industry. Shares are up 37.2% year to date as of the close of trading on Thursday. Herbalife Ltd., a network marketing company, sells weight management, nutritional supplement, energy, sports and fitness, and personal care products worldwide. The company has a P/E ratio of 21.5, above the average drugs industry P/E ratio of 20.8 and above the S&P 500 P/E ratio of 17.7.