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NEW YORK ( TheStreet) -- OSI Systems (Nasdaq: OSIS) hit a new 52-week high Thursday as it is currently trading at $65.23, above its previous 52-week high of $64.89 with 56,145 shares traded as of 10:20 a.m. ET. Average volume has been 114,700 shares over the past 30 days. OSI Systems has a market cap of $1.22 billion and is part of the technology sector and electronics industry. Shares are up 29.1% year to date as of the close of trading on Wednesday. OSI Systems, Inc., together with its subsidiaries, designs and manufactures electronic systems and components for homeland security, healthcare, defense, and aerospace markets worldwide. The company operates in three divisions: Security, Healthcare, and Optoelectronics and Manufacturing. The company has a P/E ratio of 32.2, equal to the average electronics industry P/E ratio and above the S&P 500 P/E ratio of 17.7.