Cymer Reaches 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 Thursday as it is currently trading at $94.74, above its previous 52-week high of $93.39 with 360,779 shares traded as of 10:10 a.m. ET. Average volume has been 475,700 shares over the past 30 days.

Cymer has a market cap of $2.8 billion and is part of the technology sector and electronics industry. Shares are down 1.2% year to date as of the close of trading on Wednesday.

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 53.2, above the S&P 500 P/E ratio of 17.7.

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