NEW YORK (

TheStreet

) --

American Public Education

(Nasdaq:

APEI

) hit a new 52-week high Wednesday as it is currently trading at $48.95, above its previous 52-week high of $48.94 with 57,786 shares traded as of 3:20 p.m. ET. Average volume has been 100,800 shares over the past 30 days.

American Public has a market cap of $850.3 million and is part of the

services

sector and

diversified services

industry. Shares are up 27.7% year to date as of the close of trading on Tuesday.

American Public Education, Inc. provides online higher education focused primarily on serving the military and public service communities. American Public University System (APUS), wholly owned by APEI, operates through American Military University (AMU) and American Public University (APU). The company has a P/E ratio of 29.4, equal to the average diversified services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates American Public 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, growth in earnings per share, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full

American Public Ratings Report

.

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