NEW YORK ( TheStreet) -- Sirius XM Radio (Nasdaq: SIRI) hit a new 52-week high Thursday as it is currently trading at $3.65, above its previous 52-week high of $3.62 with 3.2 million shares traded as of 9:35 a.m. ET. Average volume has been 58.6 million shares over the past 30 days. Sirius XM Radio has a market cap of $22.93 billion and is part of the services sector and media industry. Shares are up 24.2% year to date as of the close of trading on Wednesday. Sirius XM Radio Inc. provides satellite radio services in the United States and Canada. The company broadcasts music, sports, entertainment, comedy, talk, news, traffic, and weather channels on subscription fee basis through two satellite radio systems.