Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model NEW YORK ( TheStreet) -- Roper Industries (NYSE: ROP) hit a new 52-week high Wednesday as it is currently trading at $108.97, above its previous 52-week high of $108.89 with 501,629 shares traded as of 2:50 p.m. ET. Average volume has been 465,600 shares over the past 30 days. Roper has a market cap of $10.26 billion and is part of the technology sector and electronics industry. Shares are up 22.4% year to date as of the close of trading on Tuesday. Roper Industries, Inc. designs, manufactures, and distributes radio frequency (RF) products and services, industrial technology products, energy systems and controls, and medical and scientific imaging products and software. The company has a P/E ratio of 22.8, equal to the average electronics industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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