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NEW YORK ( TheStreet) -- HSN (Nasdaq: HSNI) hit a new 52-week high Wednesday as it is currently trading at $40.33, above its previous 52-week high of $40.29 with 134,111 shares traded as of 12:46 p.m. ET. Average volume has been 409,800 shares over the past 30 days. HSN has a market cap of $2.2 billion and is part of the services sector and specialty retail industry. Shares are up 5.4% year to date as of the close of trading on Tuesday. HSN, Inc. markets and sells a range of third party and private label merchandise primarily in the United States. The company has a P/E ratio of 17.9, equal to the average specialty retail industry P/E ratio and above the S&P 500 P/E ratio of 17.7.