NEW YORK (

TheStreet

) --

Stratasys

(Nasdaq:

SSYS

) hit a new 52-week high Wednesday as it is currently trading at $53.65, above its previous 52-week high of $53.39 with 411,801 shares traded as of 2:50 p.m. ET. Average volume has been 315,300 shares over the past 30 days.

Stratasys has a market cap of $1.04 billion and is part of the

technology

sector and

computer hardware

industry. Shares are up 69.4% year to date as of the close of trading on Tuesday.

Stratasys, Inc., together with its subsidiaries, engages in the development, manufacture, marketing, and servicing of three-dimensional (3D) printers, rapid prototyping (RP) systems, and related consumable materials for office-based RP and direct digital manufacturing (DDM) markets. The company has a P/E ratio of 52.6, equal to the average computer hardware industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Stratasys 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, expanding profit margins, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full

Stratasys Ratings Report

.

See all

52-week high stocks

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