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NEW YORK ( TheStreet) -- Macquarie Infrastructure Company (NYSE: MIC) hit a new 52-week high Thursday as it is currently trading at $35.32, above its previous 52-week high of $35 with 60,838 shares traded as of 10:10 a.m. ET. Average volume has been 164,500 shares over the past 30 days. Macquarie Infrastructure has a market cap of $1.6 billion and is part of the services sector and wholesale industry. Shares are up 23.8% year to date as of the close of trading on Wednesday. Macquarie Infrastructure Company LLC, through its subsidiaries, owns, operates, and invests in a diversified group of infrastructure businesses in the United States. The company has a P/E ratio of 58.4, equal to the average wholesale industry P/E ratio and above the S&P 500 P/E ratio of 17.7.