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NEW YORK ( TheStreet) -- VeriSign (Nasdaq: VRSN) hit a new 52-week high Thursday as it is currently trading at $37.75, above its previous 52-week high of $37.73 with 824,257 shares traded as of 2:45 p.m. ET. Average volume has been 1.6 million shares over the past 30 days. VeriSign has a market cap of $5.81 billion and is part of the technology sector and computer software & services industry. Shares are up 4.8% year to date as of the close of trading on Wednesday. VeriSign, Inc. provides Internet infrastructure services to various networks worldwide. The company provides domain name registry services and infrastructure assurance services. The company has a P/E ratio of 25, below the average computer software & services industry P/E ratio of 101.4 and above the S&P 500 P/E ratio of 17.7.