NEW YORK ( TheStreet) -- Computer Programs and Systems (Nasdaq: CPSI) hit a new 52-week high Thursday as it is currently trading at $67.56, above its previous 52-week high of $67.49 with 28,531 shares traded as of 2:19 p.m. ET. Average volume has been 92,800 shares over the past 30 days.

Computer Programs and Systems has a market cap of $739.1 million and is part of the technology sector and computer software & services industry. Shares are up 40.9% year to date as of the close of trading on Wednesday.

Computer Programs and Systems, Inc., a healthcare information technology company, designs, develops, markets, installs, and supports computerized information technology systems to small and midsize hospitals in the United States. The company has a P/E ratio of 34.6, above the average computer software & services industry P/E ratio of 34.4 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Computer Programs and Systems as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, robust revenue growth and largely solid financial position with reasonable debt levels by most measures. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Computer Programs and Systems Ratings Report.

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