NEW YORK (

TheStreet

) --

Advisory Board Company

(Nasdaq:

ABCO

) hit a new 52-week high Wednesday as it is currently trading at $60.49, above its previous 52-week high of $60.47 with 25,255 shares traded as of 12:53 p.m. ET. Average volume has been 75,400 shares over the past 30 days.

Advisory Board has a market cap of $915.6 million and is part of the

services

sector and

diversified services

industry. Shares are up 26.5% year to date as of the close of trading on Tuesday.

The Advisory Board Company provides best practices research and analysis, business intelligence and software tools, installation support, and management and advisory services primarily to the health care and education industries. The company has a P/E ratio of 52.8, above the average diversified services industry P/E ratio of 52.3 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Advisory Board as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full

Advisory Board Ratings Report

.

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