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NEW YORK ( TheStreet) -- NPS Pharmaceuticals (Nasdaq: NPSP) hit a new 52-week high Monday as it is currently trading at $16.50, above its previous 52-week high of $16.47 with 389,952 shares traded as of 11:40 a.m. ET. Average volume has been 1.9 million shares over the past 30 days. NPS has a market cap of $1.61 billion and is part of the health care sector and drugs industry. Shares are up 80.2% year to date as of the close of trading on Friday. NPS Pharmaceuticals, Inc., a biopharmaceutical company, engages in the development of therapeutic products in the United States. Its lead product is Gattex for the treatment of adult patients with short bowel syndrome (SBS) who are dependent on parenteral support.