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NEW YORK ( TheStreet) -- Radware (Nasdaq: RDWR) hit a new 52-week high Thursday as it is currently trading at $38.27, above its previous 52-week high of $38 with 37,409 shares traded as of 10:38 a.m. ET. Average volume has been 140,400 shares over the past 30 days. Radware has a market cap of $795.7 million and is part of the technology sector and computer software & services industry. Shares are up 27.4% year to date as of the close of trading on Wednesday. Radware Ltd. provides application delivery solutions and network security solutions to banks, insurance companies, manufacturing and retail, government agencies, media companies, and service providers worldwide. The company has a P/E ratio of 39.7, above the average computer software & services industry P/E ratio of 39.3 and above the S&P 500 P/E ratio of 17.7.