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) -- Geo Group (NYSE: GEO) hit a new 52-week high Wednesday as it is currently trading at $38.05, above its previous 52-week high of $37.85 with 177,837 shares traded as of 10:15 a.m. ET. Average volume has been one million shares over the past 30 days. Geo Group has a market cap of $2.69 billion and is part of the services sector and diversified services industry. Shares are up 31.1% year to date as of the close of trading on Tuesday. The GEO Group, Inc. provides government-outsourced services specializing in the management of correctional, detention, and re-entry facilities, and the provision of community based services and youth services in the United States, Australia, South Africa, the United Kingdom, and Canada. The company has a P/E ratio of 15.8, below the S&P 500 P/E ratio of 17.7.
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