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) -- Sirius XM Radio (Nasdaq: SIRI) hit a new 52-week high Friday as it is currently trading at $3.20, above its previous 52-week high of $3.19 with 8.1 million shares traded as of 9:55 a.m. ET. Average volume has been 65.9 million shares over the past 30 days. Sirius XM Radio has a market cap of $16.4 billion and is part of the services sector and media industry. Shares are up 9% year to date as of the close of trading on Thursday. Sirius XM Radio Inc. provides satellite radio services in the United States and Canada. The company broadcasts approximately 135 channels, including music, sports, entertainment, comedy, talk, news, traffic, and weather channels on subscription fee basis through two satellite radio systems. The company has a P/E ratio of 6.2, below the S&P 500 P/E ratio of 17.7.
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