NEW YORK (

TheStreet

) --

Total System Services

(NYSE:

TSS

) hit a new 52-week high Wednesday as it is currently trading at $20.02, above its previous 52-week high of $19.36 with 1.4 million shares traded as of 10:06 a.m. ET. Average volume has been two million shares over the past 30 days.

Total System Services has a market cap of $3.7 billion and is part of the

services

sector and

diversified services

industry. Shares are up 21.7% year to date as of the close of trading on Tuesday.

Total System Services, Inc. provides electronic payment processing and other services to card-issuing and merchant acquiring institutions. The company has a P/E ratio of 19.1, 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 Total System Services as a

buy

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

Total System Services Ratings Report

.

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