NEW YORK ( TheStreet) -- TIBCO Software (Nasdaq: TIBX) hit a new 52-week high Tuesday as it is currently trading at $30.48, above its previous 52-week high of $30.45 with 519,727 shares traded as of 10:02 a.m. ET. Average volume has been 2.4 million shares over the past 30 days. TIBCO Software has a market cap of $4.8 billion and is part of the technology sector and computer software & services industry. Shares are up 50.4% year to date as of the previous trading day's close. Tibco Software Inc. provides middleware and infrastructure software worldwide. It offers its products in the areas of service-oriented architecture (SOA), business optimization, and business process management (BPM). The company has a P/E ratio of 58.7, equal to the average computer software & services industry P/E ratio and above the S&P 500 P/E ratio of 16.2.
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