Bruker Corporation (Nasdaq:BRKR) hit a new 52-week high Friday as it changed hands at $18.94 compared with its previous 52-week high of $18.89. Bruker is currently trading at $18.93 with 91,026 shares changing hands as of 10:45 a.m..
NEW YORK ( TheStreet) -- Bruker Corporation (Nasdaq: BRKR) hit a new 52-week high Friday as it traded at $18.94 compared with its previous 52-Week high of $18.89. Bruker is changing hands at $18.93 with 91,026 shares traded as of 10:45 a.m. ET. Average volume has been 580,200 shares over the past 30 days. Bruker has a market cap of $3.1 billion and is part of the technology sector and electronics industry. Shares are up 12.6% year to date as of the close of trading on Thursday. Bruker Corporation designs and manufactures life science and materials research systems, and related products. The company operates through two segments: Scientific Instruments, and Energy & Supercon Technologies. The company has a P/E ratio of 27.4, below the average electronics industry P/E ratio of 27.9 and above the S&P 500 P/E ratio of 23.4. TheStreet Ratings rates Bruker as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Bruker Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.