NEW YORK ( TheStreet) -- TIBCO Software (Nasdaq: TIBX) hit a new 52-week high Thursday as it is currently trading at $33.21, above its previous 52-week high of $33.11 with 928,567 shares traded as of 11:05 a.m. ET. Average volume has been 2.5 million shares over the past 30 days. TIBCO Software has a market cap of $5.5 billion and is part of the technology sector and computer software & services industry. Shares are up 35.3% year to date as of the close of trading on Wednesday. TIBCO Software Inc. provides middleware and infrastructure software worldwide. It offers products in the areas of service-oriented architecture (SOA) and core infrastructure; business optimization; and process automation and collaboration. The company has a P/E ratio of 46.3, below the average computer software & services industry P/E ratio of 48.3 and above the S&P 500 P/E ratio of 17.7.
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