NEW YORK ( TheStreet) -- Hypercom Corporation (NYSE: HYC) hit a new 52-week high Wednesday as it traded at $11.62 compared with its previous 52-Week high of $11.47. Hypercom is changing hands at $11.45 with 308,100 shares traded as of 1:41 p.m. ET. Average volume has been 536,500 shares over the past 30 days.

Hypercom has a market cap of $592 million and is part of the consumer goods sector and consumer durables industry. Shares are up 34.5% year to date as of the close of trading on Tuesday.

Hypercom Corporation, together with its subsidiaries, designs and sells electronic payment and transaction solutions, and value-added services at the point of transaction primarily in the Americas, northern EMEA, southern EMEA, and the Asia-Pacific. The company has a P/E ratio of 87.5, equal to the average consumer durables industry P/E ratio and above the S&P 500 P/E ratio of 16.

TheStreet Ratings rates Hypercom as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and robust revenue growth. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full Hypercom Ratings Report.

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