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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) -- Gannett (NYSE: GCI) hit a new 52-week high Wednesday as it is currently trading at $22.02, above its previous 52-week high of $22 with 101,241 shares traded as of 9:40 a.m. ET. Average volume has been 2.7 million shares over the past 30 days. Gannett has a market cap of $4.98 billion and is part of the services sector and media industry. Shares are up 21.5% year to date as of the close of trading on Tuesday. Gannett Co., Inc. operates as a media and marketing solutions company in the United States and internationally. It operates through three segments: Publishing, Digital, and Broadcasting. The Publishing Segment operates 82 U.S. The company has a P/E ratio of 12.1, below the S&P 500 P/E ratio of 17.7.