NEW YORK ( TheStreet) -- Micros Systems (Nasdaq: MCRS) hit a new 52-week high Thursday as it is currently trading at $53.37, above its previous 52-week high of $53.36 with 211,719 shares traded as of 2:50 p.m. ET. Average volume has been 335,100 shares over the past 30 days.

Micros Systems has a market cap of $4.14 billion and is part of the technology sector and computer software & services industry. Shares are up 11.7% year to date as of the close of trading on Wednesday.

MICROS Systems, Inc. designs, manufactures, markets, and services enterprise information solutions for the hospitality and specialty retail industries. The company has a P/E ratio of 28, below the average computer software & services industry P/E ratio of 28.6 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Micros Systems 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. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Micros Systems Ratings Report.

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