Roper Industries (NYSE:ROP) hit a new 52-week high Tuesday as it is currently trading at $112.06, above its previous 52-week high of $111.75 with 116,485 shares traded as of 11:15 a.m. ET. Average volume has been 413,600 shares over the past 30 days.
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 Tuesday as it is currently trading at $112.06, above its previous 52-week high of $111.75 with 116,485 shares traded as of 11:15 a.m. ET. Average volume has been 413,600 shares over the past 30 days. Roper has a market cap of $10.61 billion and is part of the technology sector and electronics industry. Shares are up 24.2% year to date as of the close of trading on Monday. 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 23.2, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Roper as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Roper Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center. FREE for a limited time only: Get TheStreet Ratings #1 Stock Report NOW!.