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NEW YORK ( TheStreet) -- Total System Services (NYSE: TSS) hit a new 52-week high Monday as it is currently trading at $22.96, above its previous 52-week high of $22.91 with 56,558 shares traded as of 10:05 a.m. ET. Average volume has been 1.3 million shares over the past 30 days. Total System Services has a market cap of $4.22 billion and is part of the services sector and diversified services industry. Shares are up 16.4% year to date as of the close of trading on Friday. Total System Services, Inc. provides electronic payment processing and other services to card-issuing and merchant acquiring institutions. The company has a P/E ratio of 19.7, above the average diversified services industry P/E ratio of 19.6 and above the S&P 500 P/E ratio of 17.7.