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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) -- FMC Technologies (NYSE: FTI) hit a new 52-week high Wednesday as it is currently trading at $55.04, above its previous 52-week high of $54.81 with 583,054 shares traded as of 11:45 a.m. ET. Average volume has been two million shares over the past 30 days. FMC has a market cap of $12.53 billion and is part of the basic materials sector and energy industry. Shares are up 24.8% year to date as of the close of trading on Tuesday. FMC Technologies, Inc. provides technology solutions for the energy industry worldwide. The company has a P/E ratio of 29.7, above the S&P 500 P/E ratio of 17.7.