NEW YORK (

TheStreet

) --

Informatica Corporation

(Nasdaq:

INFA

) hit a new 52-week high Monday as it is currently trading at $53.96, above its previous 52-week high of $53.95 with 1.4 million shares traded as of 3:06 p.m. ET. Average volume has been 957,900 shares over the past 30 days.

Informatica has a market cap of $5.1 billion and is part of the

technology

sector and

computer software & services

industry. Shares are up 16.9% year to date as of the close of trading on Thursday.

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Informatica Corporation provides enterprise data integration and data quality software and services worldwide. Its software solutions include a set of technologies that enable various enterprise-wide data integration initiatives. The company has a P/E ratio of 59, below the average computer software & services industry P/E ratio of 64 and above the S&P 500 P/E ratio of 16.7.

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TheStreet Ratings rates Informatica 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 good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full

Informatica Ratings Report

.

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