NEW YORK ( TheStreet) -- Cognex Corporation (Nasdaq: CGNX) hit a new 52-week high Thursday as it is currently trading at $37.66, above its previous 52-week high of $37.49 with 151,184 shares traded as of 1:33 p.m. ET. Average volume has been 208,400 shares over the past 30 days. Cognex has a market cap of $1.54 billion and is part of the technology sector and electronics industry. Shares are up 2.6% year to date as of the close of trading on Wednesday. Cognex Corporation and its subsidiaries provide machine vision products that capture and analyze visual information to automate tasks, primarily in manufacturing processes. It operates in two divisions, Modular Vision Systems and Surface Inspection Systems. The company has a P/E ratio of 22.1, equal to the average electronics industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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