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NEW YORK ( TheStreet) -- Under Armour (NYSE: UA) hit a new 52-week high Friday as it is currently trading at $56.05, above its previous 52-week high of $55.99 with 513,299 shares traded as of 11:20 a.m. ET. Average volume has been 2.2 million shares over the past 30 days. Under Armour has a market cap of $5.94 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 49% year to date as of the close of trading on Thursday. Under Armour, Inc. engages in the design, development, marketing, and distribution of apparel, footwear, and accessories for men, women, and youth worldwide. The company has a P/E ratio of 56.9, above the average consumer non-durables industry P/E ratio of 56.3 and above the S&P 500 P/E ratio of 17.7.