NEW YORK ( TheStreet) -- Tim Holding Company (NYSE: TSU) hit a new 52-week high Wednesday as it traded at $39.27 compared with its previous 52-Week high of $39.21. Tim Holding is changing hands at $39.25 with 89,728 shares traded as of 11:07 a.m. ET. Average volume has been 518,000 shares over the past 30 days.

Tim Holding has a market cap of $9.6 billion and is part of the technology sector and telecommunications industry. Shares are up 13.3% year to date as of the close of trading on Tuesday.

TIM Participacoes S.A., through its subsidiaries, provides mobile telecommunications services primarily using global system for mobile communication technology in Brazil. The company has a P/E ratio of 15.4, below the average telecommunications industry P/E ratio of 75 and below the S&P 500 P/E ratio of 21.9.

TheStreet Ratings rates Tim Holding as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance and good cash flow from operations. 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 Tim Holding Ratings Report.

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