NEW YORK ( TheStreet) -- Ultimate Software Group (Nasdaq: ULTI) hit a new 52-week high Friday as it is currently trading at $72.88, above its previous 52-week high of $72.42 with 93,769 shares traded as of 10:35 a.m. ET. Average volume has been 211,600 shares over the past 30 days. Ultimate Software Group has a market cap of $1.79 billion and is part of the technology sector and internet industry. Shares are up 10.5% year to date as of the close of trading on Thursday. The Ultimate Software Group, Inc. designs, develops, and markets human capital management software-as-a-service solutions for businesses in the United States and Canada. The company has a P/E ratio of 467.9, below the average internet industry P/E ratio of 528.2 and above the S&P 500 P/E ratio of 17.7.
- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter