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NEW YORK ( TheStreet) -- Automatic Data Processing (Nasdaq: ADP) hit a new 52-week high Thursday as it is currently trading at $72.34, above its previous 52-week high of $72 with 227,353 shares traded as of 10 a.m. ET. Average volume has been 1.8 million shares over the past 30 days. Automatic Data Processing has a market cap of $34.47 billion and is part of the technology sector and computer software & services industry. Shares are up 24.8% year to date as of the close of trading on Wednesday. Automatic Data Processing, Inc. and its subsidiaries provide business outsourcing solutions. The company operates in three segments: Employer Services, Professional Employer Organization (PEO) Services, and Dealer Services.