NEW YORK ( TheStreet) -- SciClone Pharmaceuticals (Nasdaq: SCLN) hit a new 52-week high Monday as it is currently trading at $6.13, above its previous 52-week high of $6 with 379,901 shares traded as of 12:02 p.m. ET. Average volume has been 443,500 shares over the past 30 days.

SciClone has a market cap of $328.1 million and is part of the health care sector and drugs industry. Shares are up 42.6% year to date as of the close of trading on Friday.

SciClone Pharmaceuticals, Inc. engages in the development and commercialization of therapeutics for the treatment of cancer and infectious diseases in the People's Republic of China and internationally. The company has a P/E ratio of 13.8, above the average drugs industry P/E ratio of 13.5 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates SciClone 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, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full SciClone Ratings Report.

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