NEW YORK ( TheStreet) -- Scholastic Corporation (Nasdaq: SCHL) hit a new 52-week high Wednesday as it is currently trading at $32.13, above its previous 52-week high of $32 with 16,111 shares traded as of 10:09 a.m. ET. Average volume has been 180,400 shares over the past 30 days. Scholastic has a market cap of $839.3 million and is part of the services sector and media industry. Shares are up 6.4% year to date as of the close of trading on Tuesday. Scholastic Corporation, together with its subsidiaries, operates as a children's publishing, education, and media company primarily in the United States. The company has a P/E ratio of 16.5, below the average media industry P/E ratio of 17.2 and below the S&P 500 P/E ratio of 17.7.
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