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NEW YORK ( TheStreet) -- Tyler Technologies (NYSE: TYL) hit a new 52-week high Wednesday as it is currently trading at $40.56, above its previous 52-week high of $40.32 with 79,068 shares traded as of 2:39 p.m. ET. Average volume has been 142,300 shares over the past 30 days. Tyler has a market cap of $1.19 billion and is part of the technology sector and computer software & services industry. Shares are up 31.4% year to date as of the close of trading on Tuesday. Tyler Technologies, Inc. provides integrated information management solutions and services for the public sector with a focus on local governments in the United States and internationally. The company has a P/E ratio of 47.6, equal to the average computer software & services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.