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NEW YORK ( TheStreet) -- VeriSign (Nasdaq: VRSN) hit a new 52-week high Tuesday as it is currently trading at $39.04, above its previous 52-week high of $39.01 with 138,562 shares traded as of 9:45 a.m. ET. Average volume has been 1.6 million shares over the past 30 days. VeriSign has a market cap of $5.81 billion and is part of the technology sector and computer software & services industry. Shares are up 7.4% year to date as of the close of trading on Monday. VeriSign, Inc. provides Internet infrastructure services to various networks worldwide. The company has a P/E ratio of 46.2, below the average computer software & services industry P/E ratio of 101.4 and above the S&P 500 P/E ratio of 17.7.