NEW YORK ( TheStreet) -- IAC/InterActiveCorp (Nasdaq: IACI) hit a new 52-week high Thursday as it is currently trading at $47.99, above its previous 52-week high of $47.96 with 762,525 shares traded as of 3:35 p.m. ET. Average volume has been 961,100 shares over the past 30 days. IAC/InterActiveCorp has a market cap of $3.25 billion and is part of the services sector and retail industry. Shares are up 8.8% year to date as of the close of trading on Wednesday. IAC/InterActiveCorp engages in the Internet business in the United States and internationally. The company operates in four segments: Search, Match, ServiceMagic, and Media and Other. The company has a P/E ratio of 24.5, below the average retail industry P/E ratio of 36.1 and above the S&P 500 P/E ratio of 17.7.
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