NEW YORK ( TheStreet) -- Lions Gate Entertainment Corporation (NYSE: LGF) hit a new 52-week high Thursday as it is currently trading at $7.76, above its previous 52-week high of $7.75 with 211,848 shares traded as of 11:16 a.m. ET. Average volume has been 642,000 shares over the past 30 days. Lions Gate Entertainment has a market cap of $1 billion and is part of the services sector and media industry. Shares are up 16.6% year to date as of the close of trading on Wednesday. Lions Gate Entertainment Corp., an entertainment company, engages in the motion picture production and distribution, television programming and syndication, home entertainment, family entertainment, new channel platforms, and digital distribution activities. The company has a P/E ratio of 33.4, below the average media industry P/E ratio of 38.7 and above the S&P 500 P/E ratio of 17.7.
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