FEI Reaches New 52-Week High (FEIC)

NEW YORK ( TheStreet) -- FEI Company (Nasdaq: FEIC) hit a new 52-week high Friday as it is currently trading at $50.12, above its previous 52-week high of $49.92 with 51,209 shares traded as of 10:20 a.m. ET. Average volume has been 304,400 shares over the past 30 days.

FEI has a market cap of $1.84 billion and is part of the technology sector and electronics industry. Shares are up 21.5% year to date as of the close of trading on Thursday.

FEI Company supplies scientific instruments for nanoscale imaging, analysis, and prototyping that enable research, development, and manufacturing in industrial, academic, and research institutional applications. The company has a P/E ratio of 19.3, equal to the average electronics industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates FEI as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full FEI Ratings Report.

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