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NEW YORK ( TheStreet) -- Taleo Corporation (Nasdaq: TLEO) hit a new 52-week high Tuesday as it is currently trading at $45.85, above its previous 52-week high of $45.84 with 1.9 million shares traded as of 2:14 p.m. ET. Average volume has been 699,400 shares over the past 30 days. Taleo has a market cap of $1.5 billion and is part of the technology sector and computer software & services industry. Shares are up 18.2% year to date as of the close of trading on Monday. Taleo Corporation provides on-demand talent management software solutions. The company has a P/E ratio of 43.1, above the S&P 500 P/E ratio of 17.7.