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) -- Zimmer Holdings (NYSE: ZMH) hit a new 52-week high Wednesday as it is currently trading at $81.04, above its previous 52-week high of $80.99 with 490,100 shares traded as of 12 p.m. ET. Average volume has been one million shares over the past 30 days. Zimmer has a market cap of $13.46 billion and is part of the health care sector and health services industry. Shares are up 21.3% year to date as of the close of trading on Tuesday. Zimmer Holdings, Inc., through its subsidiaries, engages in the design, development, manufacture, and marketing of orthopedic reconstructive devices, spinal and trauma devices, biologics, dental implants, and related surgical products in the Americas, Europe, and the Asia Pacific. The company has a P/E ratio of 18.2, above the S&P 500 P/E ratio of 17.7.
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