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NEW YORK ( TheStreet) -- Lions Gate Entertainment Corporation (NYSE: LGF) hit a new 52-week high Wednesday as it is currently trading at $31.60, above its previous 52-week high of $31.48 with 771,904 shares traded as of 1:06 p.m. ET. Average volume has been 1.5 million shares over the past 30 days. Lions Gate Entertainment has a market cap of $4.22 billion and is part of the services sector and media industry. Shares are up 88.7% year to date as of the close of trading on Tuesday. 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.