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NEW YORK ( TheStreet) -- Omnicom Group (NYSE: OMC) hit a new 52-week high Thursday as it is currently trading at $49.79, above its previous 52-week high of $49.78 with 1.6 million shares traded as of 3:40 p.m. ET. Average volume has been 1.7 million shares over the past 30 days. Omnicom Group has a market cap of $12.74 billion and is part of the services sector and media industry. Shares are up 10.1% year to date as of the close of trading on Wednesday. Omnicom Group Inc., together with its subsidiaries, provides advertising, marketing, and corporate communications services in the Americas, Europe, the Middle East, Africa, Asia, and Australia. The company has a P/E ratio of 14.5, equal to the average media industry P/E ratio and below the S&P 500 P/E ratio of 17.7.