NEW YORK ( TheStreet) -- Igate Corporation (Nasdaq: IGTE) hit a new 52-week high Friday as it is currently trading at $19.54, above its previous 52-week high of $19.47 with 827,643 shares traded as of 1:25 p.m. ET. Average volume has been 204,700 shares over the past 30 days. Igate has a market cap of $968.8 million and is part of the technology sector and computer software & services industry. Shares are up 9.2% year to date as of the close of trading on Thursday. iGATE Corporation provides outsourced information technology (IT) and IT-enabled operations solutions and services worldwide. The company has a P/E ratio of 43.5, below the average computer software & services industry P/E ratio of 44.9 and above the S&P 500 P/E ratio of 17.7.
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