NEW YORK (

TheStreet

) --

FEI Company

(Nasdaq:

FEIC

) hit a new 52-week high Thursday as it is currently trading at $45.98, above its previous 52-week high of $45.85 with 44,766 shares traded as of 10:39 a.m. ET. Average volume has been 297,200 shares over the past 30 days.

FEI has a market cap of $1.68 billion and is part of the

technology

sector and

electronics

industry. Shares are up 11.1% year to date as of the close of trading on Wednesday.

FEI Company supplies instruments for nanoscale imaging, analysis, and prototyping that enable research, development, and manufacturing in industrial, academic, and research institutional applications. The company has a P/E ratio of 19, below the average electronics industry P/E ratio of 19.3 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates FEI as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, robust revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full

FEI Ratings Report

.

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