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NEW YORK ( TheStreet) -- Hibbett Sports (Nasdaq: HIBB) hit a new 52-week high Thursday as it is currently trading at $58.96, above its previous 52-week high of $58.69 with 156,805 shares traded as of 3:20 p.m. ET. Average volume has been 279,400 shares over the past 30 days. Hibbett Sports has a market cap of $1.49 billion and is part of the services sector and specialty retail industry. Shares are up 28.9% year to date as of the close of trading on Wednesday. Hibbett Sports, Inc. operates sporting goods stores in small to mid-sized markets primarily in the southeast, southwest, Mid-Atlantic, and Midwest regions of the United States. The company has a P/E ratio of 26.3, equal to the average specialty retail industry P/E ratio and above the S&P 500 P/E ratio of 17.7.