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NEW YORK ( TheStreet) -- CBS Corporation (NYSE: CBS) hit a new 52-week high Friday as it is currently trading at $52.62, above its previous 52-week high of $52.46 with 1.4 million shares traded as of 10:46 a.m. ET. Average volume has been 5.7 million shares over the past 30 days. CBS has a market cap of $29.27 billion and is part of the services sector and media industry. Shares are up 34.5% year to date as of the close of trading on Thursday. CBS Corporation, together with its subsidiaries, operates as a mass media company in the United States and internationally.