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NEW YORK ( TheStreet) -- Cray (Nasdaq: CRAY) hit a new 52-week high Wednesday as it is currently trading at $11.44, above its previous 52-week high of $11.42 with 799,116 shares traded as of 3:40 p.m. ET. Average volume has been 333,600 shares over the past 30 days. Cray has a market cap of $412.9 million and is part of the technology sector and computer hardware industry. Shares are up 69.7% year to date as of the close of trading on Tuesday. Cray Inc. engages in the design, development, manufacture, marketing, and service of high-performance computing (HPC) systems, known as supercomputers. The company has a P/E ratio of 19.6, above the average computer hardware industry P/E ratio of 19.2 and above the S&P 500 P/E ratio of 17.7.