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NEW YORK ( TheStreet) -- Cyberonics (Nasdaq: CYBX) hit a new 52-week high Tuesday as it is currently trading at $45.51, above its previous 52-week high of $45.38 with 120,932 shares traded as of 12:15 p.m. ET. Average volume has been 235,600 shares over the past 30 days. Cyberonics has a market cap of $1.21 billion and is part of the health care sector and health services industry. Shares are up 32.4% year to date as of the close of trading on Monday. Cyberonics, Inc. engages in the design, development, marketing, and sale of implantable medical devices. The company has a P/E ratio of 34.6, equal to the average health services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.