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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) -- Microsoft Corporation (Nasdaq: MSFT) hit a new 52-week high Thursday as it is currently trading at $32.47, above its previous 52-week high of $32.34 with 16.1 million shares traded as of 9:56 a.m. ET. Average volume has been 48.4 million shares over the past 30 days. Microsoft has a market cap of $255.54 billion and is part of the technology sector and computer software & services industry. Shares are up 14.6% year to date as of the close of trading on Wednesday. Microsoft Corporation develops, licenses, and supports software products and services; and designs and sells hardware worldwide. The company has a P/E ratio of 15.8, below the S&P 500 P/E ratio of 17.7.