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NEW YORK ( TheStreet) -- Forrester Research (Nasdaq: FORR) hit a new 52-week high Thursday as it is currently trading at $38.76, above its previous 52-week high of $38.75 with 17,854 shares traded as of 2:17 p.m. ET. Average volume has been 65,500 shares over the past 30 days. Forrester Research has a market cap of $863.1 million and is part of the services sector and diversified services industry. Shares are up 8.8% year to date as of the close of trading on Wednesday. Forrester Research, Inc., an independent research company, provides pragmatic and forward-thinking advice to business and technology customers worldwide. It offers its products and services to senior management, business strategists, and marketing and information technology professionals. The company has a P/E ratio of 42.8, equal to the average diversified services industry P/E ratio and above the S&P 500 P/E ratio of 16.9.