NEW YORK (

TheStreet

) --

BMC Software

(Nasdaq:

BMC

) hit a new 52-week high Tuesday as it is currently trading at $55.75, above its previous 52-week high of $55.24 with 51,751 shares traded as of 9:36 a.m. ET. Average volume has been 1.6 million shares over the past 30 days.

BMC Software has a market cap of $9.8 billion and is part of the

technology

sector and

computer software & services

industry. Shares are up 17.1% year to date as of the close of trading on Friday.

BMC Software, Inc. develops software that provides system and service management, and automation solutions primarily for enterprises in the United States and internationally. The company has a P/E ratio of 16.6, below the average computer software & services industry P/E ratio of 22.1 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates BMC Software as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full

BMC Software Ratings Report

.

See all

52-week high stocks

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