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NEW YORK ( TheStreet) -- Kulicke & Soffa Industries (Nasdaq: KLIC) hit a new 52-week high Friday as it is currently trading at $13.11, above its previous 52-week high of $13.06 with 294,966 shares traded as of 11:19 a.m. ET. Average volume has been 776,500 shares over the past 30 days. Kulicke & Soffa has a market cap of $938.5 million and is part of the technology sector and electronics industry. Shares are up 39% year to date as of the close of trading on Thursday. Kulicke and Soffa Industries, Inc. designs, manufactures, and sells capital equipment and expendable tools to assemble semiconductor devices, including integrated circuits, powered discrete devices, light-emitting diodes, and power modules. The company has a P/E ratio of 7.8, equal to the average electronics industry P/E ratio and below the S&P 500 P/E ratio of 17.7.