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NEW YORK ( TheStreet) -- Air Methods (Nasdaq: AIRM) hit a new 52-week high Tuesday as it is currently trading at $94.24, above its previous 52-week high of $93.93 with 24,685 shares traded as of 10:07 a.m. ET. Average volume has been 77,600 shares over the past 30 days. Air Methods has a market cap of $1.19 billion and is part of the services sector and transportation industry. Shares are up 9.9% year to date as of the close of trading on Monday. Air Methods Corporation, together with its subsidiaries, provides air medical emergency transport services and systems in the United States. The company has a P/E ratio of 22.4, equal to the average transportation industry P/E ratio and above the S&P 500 P/E ratio of 17.7.