NEW YORK (

TheStreet

) --

Solera Holdings

(NYSE:

SLH

) hit a new 52-week high Thursday as it is currently trading at $58.46, above its previous 52-week high of $58.10 with 39,947 shares traded as of 10:06 a.m. ET. Average volume has been 407,600 shares over the past 30 days.

Solera has a market cap of $4 billion and is part of the

technology

sector and

computer software & services

industry. Shares are up 12.9% year to date as of the close of trading on Wednesday.

Solera Holdings, Inc. provides software and services to the automobile insurance claims processing industry. The company has a P/E ratio of 25.4, 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 Solera as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full

Solera Ratings Report

.

See all

52-week high stocks

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