NEW YORK ( TheStreet) -- Grand Canyon Education (Nasdaq: LOPE) hit a new 52-week high Tuesday as it is currently trading at $18.65, above its previous 52-week high of $18.60 with 817,076 shares traded as of 10:15 a.m. ET. Average volume has been 289,600 shares over the past 30 days.

Grand Canyon has a market cap of $733.7 million and is part of the services sector and diversified services industry. Shares are up 0.4% year to date as of the close of trading on Monday.

Grand Canyon Education, Inc. provides postsecondary education services in the United States and Canada. It focuses on offering graduate and undergraduate degree programs in education, healthcare, business, and liberal arts disciplines. The company has a P/E ratio of 14.6, equal to the average diversified services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Grand Canyon as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. 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 Grand Canyon Ratings Report.

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