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NEW YORK ( TheStreet) -- Beacon Roofing Supply (Nasdaq: BECN) hit a new 52-week high Friday as it is currently trading at $27.36, above its previous 52-week high of $27.22 with 97,048 shares traded as of 11:10 a.m. ET. Average volume has been 376,900 shares over the past 30 days. Beacon Roofing Supply has a market cap of $1.22 billion and is part of the services sector and wholesale industry. Shares are up 31.8% year to date as of the close of trading on Thursday. Beacon Roofing Supply, Inc. distributes residential and non-residential roofing materials. The company has a P/E ratio of 17.8, below the average wholesale industry P/E ratio of 18 and equal to the S&P 500 P/E ratio of 17.7.