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NEW YORK ( TheStreet) -- eBay (Nasdaq: EBAY) hit a new 52-week high Thursday as it is currently trading at $44.17, above its previous 52-week high of $43.94 with 3.9 million shares traded as of 9:35 a.m. ET. Average volume has been 12.8 million shares over the past 30 days. eBay has a market cap of $50.45 billion and is part of the services sector and retail industry. Shares are up 28.8% year to date as of the close of trading on Wednesday. eBay Inc. provides online platforms, services, and tools to help individuals and merchants in online and mobile commerce and payments in the United States and internationally. The company has a P/E ratio of 15.4, equal to the average retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7.