NEW YORK ( TheStreet) -- Interactive Intelligence (Nasdaq: ININ) hit a new 52-week high Thursday as it is currently trading at $40.58, above its previous 52-week high of $40.38 with 39,810 shares traded as of 10:06 a.m. ET. Average volume has been 103,600 shares over the past 30 days.

Interactive Intelligence has a market cap of $717.3 million and is part of the technology sector and computer software & services industry. Shares are up 48% year to date as of the close of trading on Wednesday.

Interactive Intelligence, Inc. provides software application suites for voice over Internet protocol (VoIP) business communications to enterprises in the United States and internationally. The company has a P/E ratio of 49, equal to the average computer software & services industry P/E ratio and above the S&P 500 P/E ratio of 16.4.
  • Practice your ININ trading strategies and win cash in our stock game.

TheStreet Ratings rates Interactive Intelligence 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, impressive record of earnings per share growth and compelling growth in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Interactive Intelligence Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.