NEW YORK ( TheStreet) -- Telvent GIT (Nasdaq: TLVT) hit a new 52-week high Friday as it is currently trading at $40.69, above its previous 52-week high of $40.60 with 45,441 shares traded as of 12:07 p.m. ET. Average volume has been 361,900 shares over the past 30 days.

Telvent GIT has a market cap of $1.4 billion and is part of the technology sector and computer hardware industry. Shares are up 53.3% year to date as of the close of trading on Thursday.

Telvent GIT, S.A., through its subsidiaries, provides IT solutions and information services for customers in the infrastructure markets primarily in Europe, North America, Latin America, the Asia-Pacific region, the Middle-East, and Africa. The company has a P/E ratio of 28.5, below the average computer hardware industry P/E ratio of 31.8 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Telvent GIT as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, unimpressive growth in net income and disappointing return on equity. You can view the full Telvent GIT Ratings Report.

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Telvent GIT Stock Hits New 52-Week High (TLVT)

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