NEW YORK ( TheStreet) -- OCZ Technology Group (Nasdaq: OCZ) hit a new 52-week high Thursday as it is currently trading at $10.74, above its previous 52-week high of $10.48 with 410,739 shares traded as of 10:03 a.m. ET. Average volume has been three million shares over the past 30 days.

OCZ Technology Group has a market cap of $512.3 million and is part of the technology sector and computer hardware industry. Shares are up 106.8% year to date as of the close of trading on Wednesday.

OCZ Technology Group, Inc. designs, develops, manufactures, and distributes computer components for computing devices and systems worldwide.
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TheStreet Ratings rates OCZ Technology Group as a hold. 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 and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and poor profit margins. You can view the full OCZ Technology Group Ratings Report.

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