NEW YORK ( TheStreet) -- Aspen Technology (Nasdaq: AZPN) hit a new 52-week high Thursday as it is currently trading at $21.03, above its previous 52-week high of $21 with 277,355 shares traded as of 12:05 p.m. ET. Average volume has been 578,600 shares over the past 30 days. Aspen Technology has a market cap of $1.65 billion and is part of the technology sector and computer software & services industry. Shares are up 20.3% year to date as of the close of trading on Wednesday. Aspen Technology, Inc., together with its subsidiaries, provides integrated process optimization software solutions for manufacturers in process industries, and engineering and construction firms. The company has a P/E ratio of 65.8, below the average computer software & services industry P/E ratio of 109.9 and above the S&P 500 P/E ratio of 17.7.
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