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NEW YORK ( TheStreet) -- NeuStar (NYSE: NSR) hit a new 52-week high Friday as it is currently trading at $34.94, above its previous 52-week high of $34.78 with 60,749 shares traded as of 10:25 a.m. ET. Average volume has been 645,400 shares over the past 30 days. NeuStar has a market cap of $2.47 billion and is part of the technology sector and telecommunications industry. Shares are up 1.1% year to date as of the close of trading on Thursday. Neustar, Inc. provides technology and directory services to its communications service provider (carrier) and non-carrier, commercial business customers primarily in North America, Europe, and the Middle East. The company operates in two segments: Carrier Services and Enterprise Services. The company has a P/E ratio of 21.5, above the average telecommunications industry P/E ratio of 15.5 and above the S&P 500 P/E ratio of 17.7.