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NEW YORK ( TheStreet) -- Advisory Board Company (Nasdaq: ABCO) hit a new 52-week high Friday as it is currently trading at $75.02, above its previous 52-week high of $74.94 with 26,031 shares traded as of 3 p.m. ET. Average volume has been 112,500 shares over the past 30 days. Advisory Board has a market cap of $1.2 billion and is part of the services sector and diversified services industry. Shares are up 54.2% year to date as of the close of trading on Thursday. The Advisory Board Company, together with its subsidiaries, engages in the provision of best practices research and analysis, business intelligence and software tools, and management and advisory services primarily in the United States. The company has a P/E ratio of 68.3, above the average diversified services industry P/E ratio of 67.7 and above the S&P 500 P/E ratio of 17.7.