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NEW YORK ( TheStreet) -- Bally Technologies (NYSE: BYI) hit a new 52-week high Wednesday as it is currently trading at $47.79, above its previous 52-week high of $47.60 with 289,415 shares traded as of 10:05 a.m. ET. Average volume has been 427,900 shares over the past 30 days. Bally has a market cap of $2.03 billion and is part of the technology sector and computer software & services industry. Shares are up 18.4% year to date as of the close of trading on Tuesday. Bally Technologies, Inc. operates as a diversified gaming company. The company designs, manufactures, operates, and distributes technology-based gaming devices, systems, and server-based solutions worldwide. The company has a P/E ratio of 24.2, above the average computer software & services industry P/E ratio of 24.1 and above the S&P 500 P/E ratio of 17.7.