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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) -- Stryker Corporation (NYSE: SYK) hit a new 52-week high Friday as it is currently trading at $64.46, above its previous 52-week high of $64.46 with 534,776 shares traded as of 11:06 a.m. ET. Average volume has been 1.8 million shares over the past 30 days. Stryker has a market cap of $24.2 billion and is part of the health care sector and health services industry. Shares are up 16.1% year to date as of the close of trading on Thursday. Stryker Corporation, together with its subsidiaries, operates as a medical technology company. The company operates in three segments: Reconstructive, MedSurg, and Neurotechnology and Spine. The company has a P/E ratio of 18.8, above the S&P 500 P/E ratio of 17.7.