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NEW YORK ( TheStreet) -- Mine Safety Appliances Company (NYSE: MSA) hit a new 52-week high Wednesday as it is currently trading at $44.25, above its previous 52-week high of $42.47 with 17,818 shares traded as of 9:40 a.m. ET. Average volume has been 144,100 shares over the past 30 days. Mine Safety has a market cap of $1.48 billion and is part of the health care sector and health services industry. Shares are up 24.1% year to date as of the close of trading on Tuesday. Mine Safety Appliances Company engages in the development, manufacture, and supply of products that protect people's health and safety in the fire service, homeland security, oil and gas, construction, and other industries, as well as military worldwide. The company has a P/E ratio of 21.5, equal to the average health services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.