NEW YORK ( TheStreet) -- Henry Jack & Associates (Nasdaq: JKHY) hit a new 52-week high Thursday as it traded at $32.48 compared with its previous 52-Week high of $32.45. Henry Jack & Associates is changing hands at $32.48 with 90,662 shares traded as of 11:59 a.m. ET. Average volume has been 460,100 shares over the past 30 days.

Henry Jack & Associates has a market cap of $2.7 billion and is part of the technology sector and computer software & services industry. Shares are up 8.8% year to date as of the close of trading on Wednesday.

Jack Henry and Associates, Inc. (JHA) provides integrated computer systems and services for in-house and outsourced data processing to commercial banks, credit unions, and other financial institutions primarily in the United States. The company has a P/E ratio of 21, equal to the average computer software & services industry P/E ratio and below the S&P 500 P/E ratio of 21.5.

TheStreet Ratings rates Henry Jack & Associates as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, expanding profit margins, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Henry Jack & Associates Ratings Report.

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