NEW YORK (

TheStreet

) --

Bottomline Technologies

(Nasdaq:

EPAY

) hit a new 52-week high Thursday as it is currently trading at $29.12, above its previous 52-week high of $29.11 with 25,675 shares traded as of 11:23 a.m. ET. Average volume has been 176,000 shares over the past 30 days.

Bottomline has a market cap of $998.2 million and is part of the

technology

sector and

computer software & services

industry. Shares are up 22.8% year to date as of the close of trading on Wednesday.

Bottomline Technologies (de), Inc. provides electronic payment, invoice, and document automation solutions worldwide. The company has a P/E ratio of 25.7, below the average computer software & services industry P/E ratio of 26.9 and above the S&P 500 P/E ratio of 17.7.

  • Sign up for TheStreet's FREE Dividend and Income Investor Newsletter

TheStreet Ratings rates Bottomline as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and reasonable valuation levels. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full

Bottomline Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

investment research center

.

null