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NEW YORK ( TheStreet) -- Kroger (NYSE: KR) hit a new 52-week high Tuesday as it is currently trading at $35.71, above its previous 52-week high of $35.64 with 1.5 million shares traded as of 10:40 a.m. ET. Average volume has been four million shares over the past 30 days. Kroger has a market cap of $17.96 billion and is part of the services sector and retail industry. Shares are up 32.7% year to date as of the close of trading on Monday. The Kroger Co., together with its subsidiaries, operates as a retailer in the United States. The company also manufactures and processes food for sale in its supermarkets. It operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores. The company has a P/E ratio of 11.9, below the S&P 500 P/E ratio of 17.7.