NEW YORK (

TheStreet

) --

SolarWinds

(NYSE:

SWI

) hit a new 52-week high Monday as it is currently trading at $29.20, above its previous 52-week high of $28.60 with 494,153 shares traded as of 10:06 a.m. ET. Average volume has been 1.1 million shares over the past 30 days.

SolarWinds has a market cap of $1.8 billion and is part of the

technology

sector and

computer software & services

industry. Shares are up 44.9% year to date as of the close of trading on Friday.

SolarWinds, Inc. designs, develops, markets, sells, and supports enterprise information technology (IT) infrastructure management software to IT professionals. The company has a P/E ratio of 33.9, equal to the average computer software & services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates SolarWinds 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

SolarWinds Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

investment research center

.

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