NEW YORK ( TheStreet) -- CoStar Group (Nasdaq: CSGP) hit a new 52-week high Tuesday as it traded at $61.48 compared with its previous 52-Week high of $61.41. CoStar Group is changing hands at $61.40 with 49,534 shares traded as of 2:10 p.m. ET. Average volume has been 105,100 shares over the past 30 days.

CoStar Group has a market cap of $1.3 billion and is part of the services sector and diversified services industry. Shares are up 4.4% year to date as of the close of trading on Monday.

CoStar Group, Inc. provides information/marketing services to the commercial real estate industry in the United States, the United Kingdom, and France. The company has a P/E ratio of 94.3, equal to the average diversified services industry P/E ratio and above the S&P 500 P/E ratio of 16.2.
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TheStreet Ratings rates CoStar Group as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins, increase in net income, revenue growth and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full CoStar Group Ratings Report.

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