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NEW YORK ( TheStreet) -- FLIR Systems (Nasdaq: FLIR) hit a new 52-week high Monday as it is currently trading at $27.17, above its previous 52-week high of $27.16 with 13,685 shares traded as of 9:35 a.m. ET. Average volume has been 1.3 million shares over the past 30 days. FLIR Systems has a market cap of $3.8 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 20.1% year to date as of the close of trading on Friday. FLIR Systems, Inc. designs, manufactures, and markets thermal imaging systems worldwide. The company operates in five segments: Thermal Vision & Measurement (TVM), Raymarine, Surveillance, Detection, and Integrated Systems. The company has a P/E ratio of 16, below the S&P 500 P/E ratio of 17.7.