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NEW YORK ( TheStreet) -- Starbucks Corporation (Nasdaq: SBUX) hit a new 52-week high Friday as it is currently trading at $74.13, above its previous 52-week high of $73.73 with 1.7 million shares traded as of 12:11 p.m. ET. Average volume has been 4.6 million shares over the past 30 days. Starbucks has a market cap of $53.57 billion and is part of the services sector and leisure industry. Shares are up 32.9% year to date as of the close of trading on Thursday. Starbucks Corporation operates as a roaster, marketer, and retailer of specialty coffee worldwide. As of September 30, 2012, the company operated 9,405 company-operated stores and 8,661 licensed stores.