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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) -- Lamar Advertising (Nasdaq: LAMR) hit a new 52-week high Wednesday as it is currently trading at $37.89, above its previous 52-week high of $37.85 with 593,571 shares traded as of 12:35 p.m. ET. Average volume has been 1.1 million shares over the past 30 days. Lamar Advertising has a market cap of $2.94 billion and is part of the services sector and media industry. Shares are up 36% year to date as of the close of trading on Tuesday. Lamar Advertising Company, together with its subsidiaries, provides outdoor advertising services. Its outdoor advertising displays include billboards, such as bulletins, posters, and digital billboards; and logo signs to advertise nearby gas, food, camping, lodging, and other attractions. The company has a P/E ratio of 3743, above the S&P 500 P/E ratio of 17.7.