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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) -- Iconix Brand Group (Nasdaq: ICON) hit a new 52-week high Friday as it is currently trading at $29.35, above its previous 52-week high of $29.31 with 281,898 shares traded as of 11:10 a.m. ET. Average volume has been 1.1 million shares over the past 30 days. Iconix Brand Group has a market cap of $1.66 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 28.4% year to date as of the close of trading on Thursday. Iconix Brand Group, Inc., a brand management company, engages in licensing, marketing, and providing trend direction for a portfolio of consumer and entertainment brands primarily in the United States, Canada, Japan, and Europe. The company has a P/E ratio of 17.6, below the S&P 500 P/E ratio of 17.7.