NEW YORK ( TheStreet) -- DXP (Nasdaq: DXPE) hit a new 52-week high Wednesday as it is currently trading at $46.24, above its previous 52-week high of $45.90 with 35,869 shares traded as of 10:59 a.m. ET. Average volume has been 85,100 shares over the past 30 days. DXP has a market cap of $613.6 million and is part of the services sector and wholesale industry. Shares are up 39% year to date as of the close of trading on Tuesday. DXP Enterprises, Inc. engages in distributing maintenance, repair, and operating (MRO) products, equipment, and services to industrial customers in the United States. The company has a P/E ratio of 20.9, equal to the average wholesale industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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