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 $121.06, above its previous 52-week high of $120.67 with 116,830 shares traded as of 10:15 a.m. ET. Average volume has been 437,600 shares over the past 30 days. Roper has a market cap of $11.81 billion and is part of the industrial goods sector and industrial industry. Shares are up 7.7% year to date as of the close of trading on Friday. 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 24.2, above the S&P 500 P/E ratio of 17.7.
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