NEW YORK ( TheStreet) -- DENTSPLY International (Nasdaq: XRAY) hit a new 52-week high Wednesday as it is currently trading at $40.62, above its previous 52-week high of $40.57 with 135,388 shares traded as of 10:10 a.m. ET. Average volume has been 802,800 shares over the past 30 days.

DENTSPLY International has a market cap of $5.58 billion and is part of the health care sector and health services industry. Shares are up 14.3% year to date as of the close of trading on Tuesday.

DENTSPLY International Inc. designs, develops, manufactures, and markets dental consumable products, dental laboratory products, and dental specialty products worldwide. The company has a P/E ratio of 23.1, equal to the average health services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates DENTSPLY International as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full DENTSPLY International Ratings Report.

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