NEW YORK ( TheStreet) -- ACI Worldwide (Nasdaq: ACIW) hit a new 52-week high Tuesday as it is currently trading at $37.12, above its previous 52-week high of $36.35 with 68,847 shares traded as of 9:40 a.m. ET. Average volume has been 163,200 shares over the past 30 days.

ACI Worldwide has a market cap of $1.2 billion and is part of the technology sector and computer software & services industry. Shares are up 32.9% year to date as of the close of trading on Monday.

ACI Worldwide, Inc. develops, markets, installs, and supports software products and services to facilitate electronic payments worldwide. The company has a P/E ratio of 39.3, above the average computer software & services industry P/E ratio of 38.9 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates ACI Worldwide as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and reasonable valuation levels. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full ACI Worldwide Ratings Report.

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