NEW YORK ( TheStreet) -- ShoreTel (Nasdaq: SHOR) hit a new 52-week high Wednesday as it traded at $10.02 compared with its previous 52-Week high of $8.99. ShoreTel is changing hands at $9.60 with one million shares traded as of 10:37 a.m. ET. Average volume has been 343,900 shares over the past 30 days. ShoreTel has a market cap of $403.3 million and is part of the technology sector and telecommunications industry. Shares are up 14.3% year to date as of the close of trading on Tuesday. ShoreTel, Inc., together with its subsidiaries, provides Internet protocol (IP) telecommunications systems for enterprises in the United States.
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