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NEW YORK ( TheStreet) -- FMC Corporation (NYSE: FMC) hit a new 52-week high Wednesday as it is currently trading at $108.43, above its previous 52-week high of $108.39 with 172,951 shares traded as of 11:39 a.m. ET. Average volume has been 536,200 shares over the past 30 days. FMC has a market cap of $7.28 billion and is part of the basic materials sector and chemicals industry. Shares are up 21.7% year to date as of the close of trading on Tuesday. FMC Corporation, a chemical company, provides solutions, applications, and products for agricultural, consumer, and industrial markets. The company operates in three segments: Agricultural Products, Specialty Chemicals, and Industrial Chemicals. The company has a P/E ratio of 19, below the average chemicals industry P/E ratio of 20.7 and above the S&P 500 P/E ratio of 17.7.