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NEW YORK ( TheStreet) -- ICU Medical (Nasdaq: ICUI) hit a new 52-week high Wednesday as it is currently trading at $50.94, above its previous 52-week high of $50.43 with 8,958 shares traded as of 9:49 a.m. ET. Average volume has been 79,700 shares over the past 30 days. ICU Medical has a market cap of $686.3 million and is part of the health care sector and health services industry. Shares are up 11% year to date as of the close of trading on Tuesday. ICU Medical, Inc. engages in the development, manufacture, and sale of medical technologies used in infusion therapy, oncology, and critical care applications. The company has a P/E ratio of 15.6, equal to the average health services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.