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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) -- Qihoo 360 Technology (NYSE: QIHU) hit a new 52-week high Thursday as it is currently trading at $33.26, above its previous 52-week high of $33.13 with 282,653 shares traded as of 9:42 a.m. ET. Average volume has been 2.4 million shares over the past 30 days. Qihoo 360 Technology has a market cap of $3.79 billion and is part of the technology sector and internet industry. Shares are up 7.5% year to date as of the close of trading on Wednesday. Qihoo 360 Technology Co. Ltd. provides Internet and mobile security products in the People's Republic of China. The company has a P/E ratio of 93.4, above the S&P 500 P/E ratio of 17.7.