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) -- Oracle Corporation (Nasdaq: ORCL) hit a new 52-week high Friday as it is currently trading at $35.06, above its previous 52-week high of $35 with 22.3 million shares traded as of 3:46 p.m. ET. Average volume has been 21.4 million shares over the past 30 days. Oracle has a market cap of $164 billion and is part of the technology sector and computer software & services industry. Shares are up 4% year to date as of the close of trading on Thursday. Oracle Corporation develops, manufactures, markets, hosts, and supports database and middleware software, applications software, and hardware systems. The company has a P/E ratio of 16.3, below the S&P 500 P/E ratio of 17.7.
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