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NEW YORK ( TheStreet) -- Sothebys (NYSE: BID) hit a new 52-week high Thursday as it is currently trading at $41.43, above its previous 52-week high of $41.40 with 301,230 shares traded as of 12:10 p.m. ET. Average volume has been 1.2 million shares over the past 30 days. Sothebys has a market cap of $2.77 billion and is part of the services sector and specialty retail industry. Shares are up 21.3% year to date as of the close of trading on Wednesday. Sotheby's operates as an auctioneer of authenticated fine art, decorative art, and jewelry. The company operates in three segments: Auction, Finance, and Dealer.