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NEW YORK ( TheStreet) -- NIC (Nasdaq: EGOV) hit a new 52-week high Monday as it traded at $11.84 compared with its previous 52-Week high of $11.80. NIC is changing hands at $11.84 with 977 shares traded as of 9:30 a.m. ET. Average volume has been 272,300 shares over the past 30 days. NIC has a market cap of $745.3 million and is part of the technology sector and internet industry. Shares are up 21.1% year to date as of the close of trading on Friday. NIC Inc. provides eGovernment services that enable governments use the Internet to provide various services to businesses and citizens in the United States. It operates in two segments, Portal Outsourcing, and Software and Services. The company has a P/E ratio of 41.8, equal to the average internet industry P/E ratio and above the S&P 500 P/E ratio of 16.2.