MTS Systems Reaches New 52-Week High (MTSC)

NEW YORK ( TheStreet) -- MTS Systems Corporation (Nasdaq: MTSC) hit a new 52-week high Friday as it is currently trading at $49.26, above its previous 52-week high of $48.72 with 10,182 shares traded as of 9:40 a.m. ET. Average volume has been 57,100 shares over the past 30 days.

MTS Systems has a market cap of $717.2 million and is part of the technology sector and electronics industry. Shares are up 16.1% year to date as of the close of trading on Thursday.

MTS Systems Corporation supplies test systems and industrial position sensors in the Americas, Europe, and Asia. The company has a P/E ratio of 14.5, above the average electronics industry P/E ratio of 14.1 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates MTS 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 the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full MTS Systems Ratings Report.

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