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NEW YORK ( TheStreet) -- Bottomline Technologies (Nasdaq: EPAY) hit a new 52-week high Friday as it traded at $23.66 compared with its previous 52-Week high of $23.48. Bottomline is changing hands at $23.53 with 42,165 shares traded as of 11:01 a.m. ET. Average volume has been 153,800 shares over the past 30 days. Bottomline has a market cap of $727.4 million and is part of the technology sector and computer software & services industry. Shares are up 2.2% year to date as of the close of trading on Thursday. Bottomline Technologies (de), Inc. markets and provides electronic payment, invoice, and document automation solutions to corporations, financial institutions, and banks worldwide. The company has a P/E ratio of 95.2, below the average computer software & services industry P/E ratio of 104.3 and above the S&P 500 P/E ratio of 16.