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Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- Medivation (Nasdaq: MDVN) hit a new 52-week high Tuesday as it is currently trading at $59.16, above its previous 52-week high of $58.83 with 855,030 shares traded as of 10:51 a.m. ET. Average volume has been 962,500 shares over the past 30 days. Medivation has a market cap of $4.08 billion and is part of the health care sector and drugs industry. Shares are up 7.4% year to date as of the close of trading on Friday. Medivation, Inc., a biopharmaceutical company, focuses on developing novel small molecule drugs for the treatment of serious diseases in the United States and Europe.