NEW YORK ( TheStreet) -- Pricesmart (Nasdaq: PSMT) hit a new 52-week high Friday as it is currently trading at $81.55, above its previous 52-week high of $81.36 with 94,970 shares traded as of 12:05 p.m. ET. Average volume has been 300,600 shares over the past 30 days. Pricesmart has a market cap of $2.38 billion and is part of the services sector and retail industry. Shares are up 14.1% year to date as of the close of trading on Thursday. PriceSmart, Inc. owns and operates membership shopping warehouse clubs in the United States, Latin America, and the Caribbean. The company has a P/E ratio of 37.5, above the average retail industry P/E ratio of 37.4 and above the S&P 500 P/E ratio of 17.7.
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