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NEW YORK ( TheStreet) -- IPC The Hospitalist Company (Nasdaq: IPCM) hit a new 52-week high Wednesday as it is currently trading at $49.42, above its previous 52-week high of $49.26 with 1,949 shares traded as of 9:40 a.m. ET. Average volume has been 78,600 shares over the past 30 days. IPC The Hospitalist has a market cap of $767 million and is part of the health care sector and health services industry. Shares are up 25.8% year to date as of the close of trading on Tuesday. IPC The Hospitalist Company, Inc., a physician group practice company, provides hospitalist services in the United States. The company has a P/E ratio of 32.1, equal to the average health services industry P/E ratio and above the S&P 500 P/E ratio of 16.7.