Cymer Reaches New 52-Week High (CYMI)

NEW YORK ( TheStreet) -- Cymer (Nasdaq: CYMI) hit a new 52-week high Tuesday as it is currently trading at $53.10, above its previous 52-week high of $53 with 271,212 shares traded as of 2:09 p.m. ET. Average volume has been 328,100 shares over the past 30 days.

Cymer has a market cap of $1.58 billion and is part of the technology sector and electronics industry. Shares are up 2.4% year to date as of the close of trading on Monday.

Cymer, Inc., together with its subsidiaries, engages in the development, manufacture, and marketing of light sources for the manufacturers of photolithography tools in the semiconductor equipment industry. The company has a P/E ratio of 22, equal to the average electronics industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Cymer as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full Cymer Ratings Report.

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