Cymer Stock Hits New 52-Week High (CYMI)

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) -- Cymer (Nasdaq: CYMI) hit a new 52-week high Monday as it is currently trading at $77.58, above its previous 52-week high of $77.29 with 67,249 shares traded as of 9:35 a.m. ET. Average volume has been 563,700 shares over the past 30 days.

Cymer has a market cap of $2.3 billion and is part of the technology sector and electronics industry. Shares are up 52.2% year to date as of the close of trading on Friday.

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 42.8, equal to the average electronics industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

  • ACTIVE STOCK TRADERS: Get full access to Jim Cramer's thoughts for less than $3/week - sometimes before he says them on TV! Start with a 14-Day Free Trial.

TheStreet Ratings rates Cymer as a buy. The company's strengths can be seen in multiple areas, such as its 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.

See all 52-week high stocks or get investment ideas from our investment research center.

FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge! Free download now.
null

If you liked this article you might like

Cymer Reaches New 52-Week High (CYMI)

Cymer Stock Hits New 52-Week High (CYMI)

Cymer Stock Hits New 52-Week High (CYMI)

Cymer Reaches New 52-Week High (CYMI)

Cymer Rises On Unusually High Volume (CYMI)