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NEW YORK ( TheStreet) -- HMS Holdings Corporation (Nasdaq: HMSY) hit a new 52-week high Tuesday as it is currently trading at $33.07, above its previous 52-week high of $32.83 with 22,292 shares traded as of 9:35 a.m. ET. Average volume has been 960,400 shares over the past 30 days. HMS has a market cap of $2.77 billion and is part of the services sector and diversified services industry. Shares are up 1.7% year to date as of the close of trading on Friday. HMS Holdings Corp. provides cost containment, coordination of benefits, and program integrity services. The company's services enable clients to recover amounts due from liable third parties, reduce fraud, and ensure regulatory compliance. The company has a P/E ratio of 58.1, above the average diversified services industry P/E ratio of 57.4 and above the S&P 500 P/E ratio of 17.7.