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Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model NEW YORK ( TheStreet) -- VeriSign (Nasdaq: VRSN) hit a new 52-week high Thursday as it is currently trading at $47.79, above its previous 52-week high of $47.78 with 669,294 shares traded as of 11:30 a.m. ET. Average volume has been 2.1 million shares over the past 30 days. VeriSign has a market cap of $7.27 billion and is part of the technology sector and computer software & services industry. Shares are up 33% year to date as of the close of trading on Wednesday. VeriSign, Inc. provides Internet infrastructure services to various networks worldwide. The company has a P/E ratio of 32.4, above the average computer software & services industry P/E ratio of 30.4 and above the S&P 500 P/E ratio of 17.7.