NEW YORK ( TheStreet) -- Manhattan Associates (Nasdaq: MANH) hit a new 52-week high Wednesday as it is currently trading at $50.36, above its previous 52-week high of $50.18 with 76,259 shares traded as of 9:54 a.m. ET. Average volume has been 153,100 shares over the past 30 days. Manhattan Associates has a market cap of $926.1 million and is part of the technology sector and computer software & services industry. Shares are up 14% year to date as of the close of trading on Tuesday. Manhattan Associates, Inc. develops, sells, deploys, services, and maintains supply chain software solutions for the planning and execution of supply chain activities. It offers Manhattan SCOPE and Manhattan SCALE, which are platform-based supply chain software solutions. The company has a P/E ratio of 21.8, equal to the average computer software & services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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