NEW YORK (

TheStreet

) --

Jabil Circuit

(NYSE:

JBL

) hit a new 52-week high Tuesday as it is currently trading at $26.29, above its previous 52-week high of $26.27 with 998,643 shares traded as of 11:40 a.m. ET. Average volume has been 3.2 million shares over the past 30 days.

Jabil Circuit has a market cap of $4.85 billion and is part of the

technology

sector and

electronics

industry. Shares are up 31.4% year to date as of the close of trading on Monday.

Jabil Circuit, Inc., together with its subsidiaries, provides electronic manufacturing services and solutions worldwide. The company has a P/E ratio of 14.6, above the average electronics industry P/E ratio of 13 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Jabil Circuit as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full

Jabil Circuit Ratings Report

.

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