NEW YORK ( TheStreet) -- Telvent GIT (Nasdaq: TLVT) hit a new 52-week high Tuesday as it is currently trading at $32, above its previous 52-week high of $31.98 with 124,947 shares traded as of 10:32 a.m. ET. Average volume has been 95,000 shares over the past 30 days.

Telvent GIT has a market cap of $1.1 billion and is part of the technology sector and computer hardware industry. Shares are up 19.7% year to date as of the close of trading on Monday.

Telvent GIT, S.A., through its subsidiaries, provides IT solutions and information services for customers in the infrastructure markets primarily in Europe, North America, Latin America, the Asia-Pacific region, the Middle-East, and Africa. The company has a P/E ratio of 21.9, above the average computer hardware industry P/E ratio of 21.7 and above the S&P 500 P/E ratio of 17.1.
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TheStreet Ratings rates Telvent GIT as a hold. The company's strongest point has been its expanding profit margins. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and unimpressive growth in net income. You can view the full Telvent GIT Ratings Report.

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