NEW YORK (

TheStreet

) --

NetLogic Microsystems

(Nasdaq:

NETL

) hit a new 52-week high Thursday as it traded at $43.45 compared with its previous 52-Week high of $43.24. NetLogic Microsystems is changing hands at $43.30 with 47,761 shares traded as of 9:31 a.m. ET. Average volume has been 1.5 million shares over the past 30 days.

NetLogic Microsystems has a market cap of $2.9 billion and is part of the

technology

sector and

electronics

industry. Shares are up 34.5% year to date as of the close of trading on Wednesday.

NetLogic Microsystems, Inc., a fabless semiconductor company, engages in the design, development, and sale of processors and integrated circuits.

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TheStreet Ratings rates NetLogic Microsystems as a hold. 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 and solid stock price performance. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. You can view the full

NetLogic Microsystems Ratings Report

.

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