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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) -- Moody's Corporation (NYSE: MCO) hit a new 52-week high Wednesday as it is currently trading at $49.72, above its previous 52-week high of $49.50 with 1.2 million shares traded as of 2:46 p.m. ET. Average volume has been 1.9 million shares over the past 30 days. Moody's has a market cap of $10.92 billion and is part of the services sector and diversified services industry. Shares are up 45.4% year to date as of the close of trading on Tuesday. Moody's Corporation, through its subsidiaries, provides credit ratings, research, and analysis covering fixed-income securities, other debt instruments, and the entities that issue such instruments in the global capital markets. The company has a P/E ratio of 17.7, equal to the S&P 500 P/E ratio of 17.7.