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NEW YORK ( TheStreet) -- Barnes Group (NYSE: B) hit a new 52-week high Wednesday as it is currently trading at $28.37, above its previous 52-week high of $28.35 with 201,738 shares traded as of 11:19 a.m. ET. Average volume has been 312,500 shares over the past 30 days. Barnes Group has a market cap of $1.46 billion and is part of the industrial goods sector and industrial industry. Shares are up 14.4% year to date as of the close of trading on Tuesday. Barnes Group Inc. The company has a P/E ratio of 16.5, below the average industrial industry P/E ratio of 23.3 and below the S&P 500 P/E ratio of 17.7.