NEW YORK ( TheStreet) -- Moody's Corporation (NYSE: MCO) hit a new 52-week high Tuesday as it is currently trading at $42.74, above its previous 52-week high of $42.67 with 252,247 shares traded as of 10:40 a.m. ET. Average volume has been 2.1 million shares over the past 30 days. Moody's has a market cap of $8.19 billion and is part of the services sector and diversified services industry. Shares are up 25% year to date as of the close of trading on Monday. Moody's Corporation, through its subsidiaries, provides credit ratings, research, and analysis covering fixed-income securities, other debt instruments, and the entities that issue such instruments in the global capital markets. The company has a P/E ratio of 16.9, above the average diversified services industry P/E ratio of 13.9 and below the S&P 500 P/E ratio of 17.7.
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