NEW YORK ( TheStreet) -- Lattice Semiconductor Corporation (Nasdaq: LSCC) hit a new 52-week high Thursday as it traded at $6.80 compared with its previous 52-Week high of $6.79. Lattice Semiconductor is changing hands at $6.80 with 1.3 million shares traded as of 2:46 p.m. ET. Average volume has been 1.6 million shares over the past 30 days.

Lattice Semiconductor has a market cap of $741.2 million and is part of the technology sector and electronics industry. Shares are up 6.4% year to date as of the close of trading on Wednesday.

Lattice Semiconductor Corporation designs, develops, and markets programmable logic products and related software. The company has a P/E ratio of 13.1, equal to the average electronics industry P/E ratio and below the S&P 500 P/E ratio of 21.5.

TheStreet Ratings rates Lattice Semiconductor 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, solid stock price performance, attractive valuation levels and compelling growth in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Lattice Semiconductor Ratings Report.

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