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NEW YORK ( TheStreet) -- Lululemon Athletica (Nasdaq: LULU) hit a new 52-week high Wednesday as it is currently trading at $77.60, above its previous 52-week high of $77.13 with 598,585 shares traded as of 10:15 a.m. ET. Average volume has been 1.9 million shares over the past 30 days. Lululemon has a market cap of $8.27 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 63% year to date as of the close of trading on Tuesday. lululemon athletica inc., together with its subsidiaries, designs, manufactures, and distributes athletic apparel for women, men, and female youth. The company has a P/E ratio of 58.4, equal to the average consumer non-durables industry P/E ratio and above the S&P 500 P/E ratio of 17.7.