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NEW YORK ( TheStreet) -- Parexel International Corporation (Nasdaq: PRXL) hit a new 52-week high Tuesday as it is currently trading at $28.93, above its previous 52-week high of $28.84 with 161,828 shares traded as of 12:05 p.m. ET. Average volume has been 412,300 shares over the past 30 days. Parexel International has a market cap of $1.71 billion and is part of the health care sector and health services industry. Shares are up 37.5% year to date as of the close of trading on Monday. PAREXEL International Corporation, a biopharmaceutical services company, provides a range of clinical research, medical communications, consulting, commercialization, and technology products and services to the pharmaceutical, biotechnology, and medical device industries worldwide. The company has a P/E ratio of 39.6, equal to the average health services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.