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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) -- Jacobs Engineering Group (NYSE: JEC) hit a new 52-week high Thursday as it is currently trading at $52.99, above its previous 52-week high of $52.98 with 608,211 shares traded as of 2:39 p.m. ET. Average volume has been 888,600 shares over the past 30 days. Jacobs Engineering Group has a market cap of $6.78 billion and is part of the services sector and diversified services industry. Shares are up 23.2% year to date as of the close of trading on Wednesday. Jacobs Engineering Group Inc. provides technical, professional, and construction services to various industrial, commercial, and governmental clients worldwide. The company has a P/E ratio of 17.3, below the S&P 500 P/E ratio of 17.7.