NEW YORK ( TheStreet) -- Entegris (Nasdaq: ENTG) hit a new 52-week high Wednesday as it is currently trading at $9.66, above its previous 52-week high of $9.64 with 601,034 shares traded as of 11 a.m. ET. Average volume has been 1.4 million shares over the past 30 days. Entegris has a market cap of $1.2 billion and is part of the technology sector and electronics industry. Shares are up 27.3% year to date as of the close of trading on Tuesday. Entegris, Inc. develops, manufactures, and supplies products and materials used in processing and manufacturing in the semiconductor and other high-technology industries worldwide. It operates in three segments: Contamination Control Solutions, Microenvironments, and Specialty Materials. The company has a P/E ratio of 12.4, equal to the average electronics industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Entegris 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. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Entegris Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.