NEW YORK (

TheStreet

) --

SolarWinds

(NYSE:

SWI

) hit a new 52-week high Wednesday as it is currently trading at $47.90, above its previous 52-week high of $47.66 with 774,110 shares traded as of 3:45 p.m. ET. Average volume has been 1.1 million shares over the past 30 days.

SolarWinds has a market cap of $3.4 billion and is part of the

technology

sector and

computer software & services

industry. Shares are up 62.8% year to date as of the close of trading on Tuesday.

SolarWinds, Inc. designs, develops, markets, sells, and supports enterprise information technology (IT) infrastructure management software for IT professionals in various organizations in the United States and internationally. The company has a P/E ratio of 49.4, below the average computer software & services industry P/E ratio of 50.5 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates SolarWinds 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. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full

SolarWinds Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

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.

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