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NEW YORK ( TheStreet) -- Radware (Nasdaq: RDWR) hit a new 52-week high Wednesday as it is currently trading at $40.06, above its previous 52-week high of $39.48 with 176,304 shares traded as of 9:35 a.m. ET. Average volume has been 145,200 shares over the past 30 days. Radware has a market cap of $765.5 million and is part of the technology sector and computer software & services industry. Shares are up 27.2% year to date as of the close of trading on Tuesday. 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 42.9, above the average computer software & services industry P/E ratio of 33.8 and above the S&P 500 P/E ratio of 17.7.