MTS Systems Stock Hits New 52-Week High (MTSC)

NEW YORK ( TheStreet) -- MTS Systems Corporation (Nasdaq: MTSC) hit a new 52-week high Monday as it is currently trading at $53.50, above its previous 52-week high of $52.89 with 4,692 shares traded as of 9:35 a.m. ET. Average volume has been 57,100 shares over the past 30 days.

MTS Systems has a market cap of $717.2 million and is part of the technology sector and electronics industry. Shares are up 27.7% year to date as of the close of trading on Friday.

MTS Systems Corporation supplies test systems and industrial position sensors in the Americas, Europe, and Asia. The company has a P/E ratio of 15.5, above the average electronics industry P/E ratio of 14.1 and below the S&P 500 P/E ratio of 17.7.

• Sign up for TheStreet's FREE Dividend and Income Investor Newsletter

TheStreet Ratings rates MTS Systems as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full MTS Systems Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.