NEW YORK ( TheStreet) -- ShoreTel (Nasdaq: SHOR) hit a new 52-week high Wednesday as it is currently trading at $10.74, above its previous 52-week high of $10.02 with 446,002 shares traded as of 9:42 a.m. ET. Average volume has been 356,300 shares over the past 30 days. ShoreTel has a market cap of $419.9 million and is part of the technology sector and telecommunications industry. Shares are up 17.8% 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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