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NEW YORK ( TheStreet) -- Sherwin-Williams Company (NYSE: SHW) hit a new 52-week high Tuesday as it is currently trading at $119.18, above its previous 52-week high of $119.12 with 196,021 shares traded as of 10:40 a.m. ET. Average volume has been one million shares over the past 30 days. Sherwin-Williams has a market cap of $11.61 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 32.2% year to date as of the close of trading on Monday. The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paints, coatings, and related products to professional, industrial, commercial, and retail customers primarily in North and South America, the Caribbean region, Europe, and Asia. The company has a P/E ratio of 26.5, below the average materials & construction industry P/E ratio of 27 and above the S&P 500 P/E ratio of 17.7.