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NEW YORK ( TheStreet) -- WD-40 Company (Nasdaq: WDFC) hit a new 52-week high Thursday as it is currently trading at $48.98, above its previous 52-week high of $48.74 with 114,368 shares traded as of 10:39 a.m. ET. Average volume has been 53,500 shares over the past 30 days. WD-40 has a market cap of $766.4 million and is part of the basic materials sector and chemicals industry. Shares are up 18.6% year to date as of the close of trading on Wednesday. WD-40 Company engages in the production and sale of consumer products. The company has a P/E ratio of 22.4, equal to the average chemicals industry P/E ratio and above the S&P 500 P/E ratio of 17.7.