NEW YORK ( TheStreet) -- Cooper Companies (NYSE: COO) hit a new 52-week high Thursday as it traded at $63 compared with its previous 52-Week high of $62.99. Cooper Companies is changing hands at $62.97 with 195,429 shares traded as of 11:22 a.m. ET. Average volume has been 411,500 shares over the past 30 days. Cooper Companies has a market cap of $2.9 billion and is part of the health care sector and health services industry. Shares are up 9.4% year to date as of the close of trading on Wednesday. The Cooper Companies, Inc., through its subsidiaries, develops, manufactures, and markets healthcare products serving the vision care and women's healthcare markets worldwide. The company has a P/E ratio of 25.4, equal to the average health services industry P/E ratio and above the S&P 500 P/E ratio of 21.5. TheStreet Ratings rates Cooper Companies as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Cooper Companies Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.