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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) -- Lions Gate Entertainment Corporation (NYSE: LGF) hit a new 52-week high Thursday as it is currently trading at $24.11, above its previous 52-week high of $23.99 with 265,392 shares traded as of 10:16 a.m. ET. Average volume has been 1.3 million shares over the past 30 days. Lions Gate Entertainment has a market cap of $3.22 billion and is part of the services sector and media industry. Shares are up 45.9% year to date as of the close of trading on Wednesday. Lions Gate Entertainment Corp., an entertainment company, engages in motion picture production and distribution, television programming and syndication, home entertainment, family entertainment, digital distribution, new channel platforms, and international distribution and sales activities. The company has a P/E ratio of 70, above the S&P 500 P/E ratio of 17.7.