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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) -- Shutterfly (Nasdaq: SFLY) hit a new 52-week high Wednesday as it is currently trading at $42.90, above its previous 52-week high of $42.85 with 241,565 shares traded as of 11:26 a.m. ET. Average volume has been 931,100 shares over the past 30 days. Shutterfly has a market cap of $1.49 billion and is part of the technology sector and internet industry. Shares are up 39.9% year to date as of the close of trading on Tuesday. Shutterfly, Inc. provides an Internet-based social expression and personal publishing service that enables consumers to share, print, and preserve their digital photos through the medium of photography in the United States. The company has a P/E ratio of 67.4, above the S&P 500 P/E ratio of 17.7.