NEW YORK (

TheStreet

) --

American Science & Engineering

(Nasdaq:

ASEI

) hit a new 52-week high Friday as it traded at $93.70 compared with its previous 52-Week high of $93.70. American Science & Engineering is changing hands at $93.70 with 2,643 shares traded as of 9:56 a.m. ET. Average volume has been 59,800 shares over the past 30 days.

American Science & Engineering has a market cap of $839.1 million and is part of the

services

sector and

diversified services

industry. Shares are up 8.7% year to date as of the close of trading on Thursday.

American Science and Engineering, Inc., together with its subsidiary AS&E Global, Inc., engages in the development, manufacture, marketing, and sale of X-ray inspection systems for detection and security screening solutions in the United States and internationally. The company has a P/E ratio of 18.7, equal to the average diversified services industry P/E ratio and below the S&P 500 P/E ratio of 22.6.

TheStreet Ratings rates American Science & Engineering as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full

American Science & Engineering Ratings Report

.

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