NEW YORK ( TheStreet) -- EZChip Semiconductor (Nasdaq: EZCH) hit a new 52-week high Friday as it is currently trading at $42.81, above its previous 52-week high of $42.43 with 129,394 shares traded as of 2:40 p.m. ET. Average volume has been 304,300 shares over the past 30 days. EZChip Semiconductor has a market cap of $912.6 million and is part of the technology sector and electronics industry. Shares are up 49.1% year to date as of the close of trading on Thursday. EZchip, a fabless semiconductor company, engages in the development and marketing of Ethernet network processors for networking equipment. Its products include network processor chips, evaluation boards and network-processor based systems, and development software toolkits. The company has a P/E ratio of 75, above the average electronics industry P/E ratio of 53.2 and above the S&P 500 P/E ratio of 17.7.
- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter