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NEW YORK ( TheStreet) -- Sally Beauty Holdings (NYSE: SBH) hit a new 52-week high Friday as it is currently trading at $26.70, above its previous 52-week high of $26.45 with 207,638 shares traded as of 10:45 a.m. ET. Average volume has been 1.4 million shares over the past 30 days. Sally Beauty has a market cap of $4.81 billion and is part of the services sector and specialty retail industry. Shares are up 24.4% year to date as of the close of trading on Thursday. Sally Beauty Holdings, Inc., through its subsidiaries, engages in the distribution and retail of professional beauty supplies primarily in North America, South America, and Europe. The company operates in two segments, Sally Beauty Supply and Beauty Systems Group. The company has a P/E ratio of 21.3, below the average specialty retail industry P/E ratio of 23.9 and above the S&P 500 P/E ratio of 17.7.