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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) -- IAC/InterActiveCorp (Nasdaq: IACI) hit a new 52-week high Friday as it is currently trading at $54.59, above its previous 52-week high of $54.20 with 100,125 shares traded as of 9:35 a.m. ET. Average volume has been 915,900 shares over the past 30 days. IAC/InterActiveCorp has a market cap of $4.31 billion and is part of the technology sector and internet industry. Shares are up 26.8% year to date as of the close of trading on Thursday. IAC/InterActiveCorp engages in the Internet business in the United States and internationally. The company has a P/E ratio of 25.5, below the average internet industry P/E ratio of 26.1 and above the S&P 500 P/E ratio of 17.7.