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NEW YORK ( TheStreet) -- Radware (Nasdaq: RDWR) hit a new 52-week high Friday as it is currently trading at $38.74, above its previous 52-week high of $38.71 with 24,358 shares traded as of 11:44 a.m. ET. Average volume has been 150,200 shares over the past 30 days. Radware has a market cap of $834 million and is part of the technology sector and computer software & services industry. Shares are up 31.6% year to date as of the close of trading on Thursday. Radware Ltd. develops, manufactures, and markets integrated networking solutions worldwide. Its solutions include application delivery and network security solutions. The company has a P/E ratio of 41.2, equal to the average computer software & services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.