NEW YORK ( TheStreet) -- Total System Services (NYSE: TSS) hit a new 52-week high Thursday as it is currently trading at $23.31, above its previous 52-week high of $23.29 with 426,611 shares traded as of 10:35 a.m. ET. Average volume has been 1.2 million shares over the past 30 days. Total System Services has a market cap of $4.26 billion and is part of the services sector and diversified services industry. Shares are up 18.2% year to date as of the close of trading on Wednesday. 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 20.2, above the average diversified services industry P/E ratio of 19.6 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Total System Services as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, growth in earnings per share and increase in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Total System Services Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.