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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 $34.79, above its previous 52-week high of $34.77 with 20,072 shares traded as of 9:40 a.m. ET. Average volume has been 937,000 shares over the past 30 days. HMS has a market cap of $2.82 billion and is part of the services sector and diversified services industry. Shares are up 7.9% year to date as of the close of trading on Monday. 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 59.8, above the average diversified services industry P/E ratio of 58.4 and above the S&P 500 P/E ratio of 17.7.