NEW YORK ( TheStreet) -- InfoSpace (Nasdaq: INSP) hit a new 52-week high Tuesday as it is currently trading at $12.42, above its previous 52-week high of $12.41 with 44,463 shares traded as of 10:14 a.m. ET. Average volume has been 293,000 shares over the past 30 days. InfoSpace has a market cap of $481 million and is part of the technology sector and internet industry. Shares are up 11.2% year to date as of the close of trading on Monday. InfoSpace, Inc. develops search tools and technologies that assist consumers with finding information, merchants, individuals, products, and other content on the Internet. It operates in two segments, Core and E-Commerce. The company has a P/E ratio of 28.4, below the average internet industry P/E ratio of 38.1 and above the S&P 500 P/E ratio of 17.7.
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