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NEW YORK ( TheStreet) -- Igate Corporation (Nasdaq: IGTE) hit a new 52-week high Tuesday as it is currently trading at $19.77, above its previous 52-week high of $19.64 with 43,643 shares traded as of 10:20 a.m. ET. Average volume has been 263,000 shares over the past 30 days. Igate has a market cap of $1.11 billion and is part of the technology sector and computer software & services industry. Shares are up 23.8% year to date as of the close of trading on Monday. iGATE Corporation provides outsourced information technology (IT) and IT-enabled operations solutions and services worldwide. The company has a P/E ratio of 36.1, below the average computer software & services industry P/E ratio of 48.7 and above the S&P 500 P/E ratio of 17.7.