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NEW YORK ( TheStreet) -- AutoZone (NYSE: AZO) hit a new 52-week high Thursday as it is currently trading at $390, above its previous 52-week high of $386.25 with 57,371 shares traded as of 9:40 a.m. ET. Average volume has been 367,200 shares over the past 30 days. AutoZone has a market cap of $14.78 billion and is part of the services sector and retail industry. Shares are up 17.8% year to date as of the close of trading on Wednesday. AutoZone, Inc. engages in retailing and distributing automotive replacement parts and accessories. The company has a P/E ratio of 17.9, equal to the average retail industry P/E ratio and above the S&P 500 P/E ratio of 17.7.