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NEW YORK (

TheStreet

) --

ACI Worldwide

(Nasdaq:

ACIW

) hit a new 52-week high Wednesday as it is currently trading at $43.44, above its previous 52-week high of $43.42 with 122,691 shares traded as of 3:17 p.m. ET. Average volume has been 321,000 shares over the past 30 days.

ACI Worldwide has a market cap of $1.66 billion and is part of the

technology

sector and

computer software & services

industry. Shares are up 48.8% year to date as of the close of trading on Tuesday.

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ACI Worldwide, Inc. develops, markets, installs, and supports a line of software products and services for facilitating electronic payments worldwide. The company has a P/E ratio of 33.7, above the average computer software & services industry P/E ratio of 33.4 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates ACI Worldwide as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full

ACI Worldwide Ratings Report

.

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