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NEW YORK ( TheStreet) -- Westinghouse Air Brake Technologies (NYSE: WAB) hit a new 52-week high Thursday as it is currently trading at $56.51, above its previous 52-week high of $56.50 with 191,494 shares traded as of 10:56 a.m. ET. Average volume has been 573,500 shares over the past 30 days. Westinghouse Air Brake has a market cap of $5.34 billion and is part of the services sector and transportation industry. Shares are up 27.1% year to date as of the close of trading on Wednesday. Westinghouse Air Brake Technologies Corporation, doing business as Wabtec Corporation, provides technology-based products and services for the freight rail and passenger transit industries worldwide. It operates in two segments, Freight and Transit.