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NEW YORK ( TheStreet) -- Grand Canyon Education (Nasdaq: LOPE) hit a new 52-week high Friday as it is currently trading at $18.50, above its previous 52-week high of $18.49 with 526,004 shares traded as of 3:45 p.m. ET. Average volume has been 313,500 shares over the past 30 days. Grand Canyon has a market cap of $764.7 million and is part of the services sector and diversified services industry. Shares are up 11.7% year to date as of the close of trading on Thursday. Grand Canyon Education, Inc. provides postsecondary education services in the United States. The company focuses on graduate and undergraduate degree programs primarily in the disciplines of education, business, healthcare, and liberal arts. The company has a P/E ratio of 15.6, below the average diversified services industry P/E ratio of 17.3 and below the S&P 500 P/E ratio of 17.7.