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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) -- Lululemon Athletica (Nasdaq: LULU) hit a new 52-week high Thursday as it is currently trading at $79.25, above its previous 52-week high of $78.97 with 1.6 million shares traded as of 10:05 a.m. ET. Average volume has been 2.9 million shares over the past 30 days. Lululemon has a market cap of $10.81 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are down 1.5% year to date as of the close of trading on Wednesday. lululemon athletica inc., together with its subsidiaries, designs, manufactures, and distributes athletic apparel and accessories for women, men, and female youth. It operates in three segments: Corporate-Owned Stores, Direct To Consumer, and Other. The company has a P/E ratio of 40.4, above the S&P 500 P/E ratio of 17.7.