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NEW YORK ( TheStreet) -- PetSmart (Nasdaq: PETM) hit a new 52-week high Monday as it is currently trading at $72.78, above its previous 52-week high of $72.75 with 246,526 shares traded as of 11:05 a.m. ET. Average volume has been 1.2 million shares over the past 30 days. PetSmart has a market cap of $7.41 billion and is part of the services sector and specialty retail industry. Shares are up 5% year to date as of the close of trading on Friday. PetSmart, Inc., together with its subsidiaries, operates as a specialty retailer of products, services, and solutions for pets in the United States, Puerto Rico, and Canada.