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NEW YORK ( TheStreet) -- Nova Measuring Instruments (Nasdaq: NVMI) hit a new 52-week high Monday as it is currently trading at $11.51, above its previous 52-week high of $11.44 with 715,753 shares traded as of 1:57 p.m. ET. Average volume has been 310,800 shares over the past 30 days. Nova Measuring Instruments has a market cap of $269.4 million and is part of the industrial goods sector and industrial industry. Shares are up 29.5% year to date as of the previous trading day's close. Nova Measuring Instruments Ltd. engages in the design, development, production, and sale of integrated process control metrology systems and stand-alone metrology systems for the semiconductor manufacturing industry. The company has a P/E ratio of 9.8, below the average industrial industry P/E ratio of 12 and below the S&P 500 P/E ratio of 16.7.