NEW YORK ( TheStreet) -- Constant Contact (Nasdaq: CTCT) hit a new 52-week high Friday as it traded at $32.39 compared with its previous 52-Week high of $32.09. Constant Contact is changing hands at $32.23 with 247,997 shares traded as of 11:16 a.m. ET. Average volume has been 354,800 shares over the past 30 days. Constant Contact has a market cap of $868.7 million and is part of the services sector and media industry. Shares are down 3.5% year to date as of the close of trading on Thursday. Constant Contact, Inc. provides on-demand email marketing and online survey solutions, as well as event marketing solutions for small organizations, including small businesses, associations, and non-profits located primarily in the United States. The company has a P/E ratio of 77.5, below the average media industry P/E ratio of 299 and above the S&P 500 P/E ratio of 23.4. TheStreet Ratings rates Constant Contact as a hold. 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 and impressive record of earnings per share growth. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. You can view the full Constant Contact Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.