NEW YORK ( TheStreet) -- NICE-Systems (Nasdaq: NICE) hit a new 52-week high Wednesday as it is currently trading at $38.40, above its previous 52-week high of $38.00 with 45,125 shares traded as of 10:05 a.m. ET. Average volume has been 222,500 shares over the past 30 days.

NICE-Systems has a market cap of $2.3 billion and is part of the technology sector and computer hardware industry. Shares are up 6.1% year to date as of the close of trading on Tuesday.

NICE Systems Ltd., together with its subsidiaries, provides solutions that enable enterprises and security organizations to extract insight from interactions, transactions, and surveillance. The company has a P/E ratio of 48.2, equal to the average computer hardware industry P/E ratio and above the S&P 500 P/E ratio of 16.3.
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TheStreet Ratings rates NICE-Systems 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, growth in earnings per share and increase 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 NICE-Systems Ratings Report.

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