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NEW YORK ( TheStreet) -- Valspar Corporation (NYSE: VAL) hit a new 52-week high Monday as it is currently trading at $53.07, above its previous 52-week high of $52.96 with 862,289 shares traded as of 3:59 p.m. ET. Average volume has been 837,000 shares over the past 30 days. Valspar has a market cap of $4.68 billion and is part of the basic materials sector and chemicals industry. Shares are up 34.7% year to date as of the close of trading on Friday. The Valspar Corporation, together with its subsidiaries, manufactures and distributes coatings, paints, and related products worldwide.