NEW YORK ( TheStreet) -- Cray (Nasdaq: CRAY) hit a new 52-week high Tuesday as it is currently trading at $11.90, above its previous 52-week high of $11.87 with 299,613 shares traded as of 1:40 p.m. ET. Average volume has been 399,500 shares over the past 30 days. Cray has a market cap of $427.3 million and is part of the technology sector and computer hardware industry. Shares are up 77.9% year to date as of the close of trading on Monday. Cray Inc., together with its subsidiaries, designs, develops, manufactures, markets, and services high-performance computing (HPC) systems, known as supercomputers. The company has a P/E ratio of 20.2, above the average computer hardware industry P/E ratio of 19.9 and above the S&P 500 P/E ratio of 17.7.
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