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NEW YORK ( TheStreet) -- MasterCard Incorporated (NYSE: MA) hit a new 52-week high Wednesday as it is currently trading at $444.20, above its previous 52-week high of $443.80 with 734,327 shares traded as of 3 p.m. ET. Average volume has been 921,200 shares over the past 30 days. MasterCard has a market cap of $52.21 billion and is part of the services sector and diversified services industry. Shares are up 15.4% year to date as of the close of trading on Tuesday. MasterCard Incorporated, a payments and technology company, together with its subsidiaries, provides transaction processing and other payment-related services in the United States and internationally. The company has a P/E ratio of 29, equal to the average diversified services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.