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) -- Cerner Corporation (Nasdaq: CERN) hit a new 52-week high Friday as it is currently trading at $98.28, above its previous 52-week high of $98.22 with 472,689 shares traded as of 12:15 p.m. ET. Average volume has been 797,000 shares over the past 30 days. Cerner has a market cap of $16.66 billion and is part of the technology sector and computer software & services industry. Shares are up 25% year to date as of the close of trading on Thursday. Cerner Corporation designs, develops, markets, installs, hosts, and supports healthcare information technology, healthcare devices, hardware, and content solutions for healthcare organizations and consumers worldwide. The company has a P/E ratio of 40.9, above the S&P 500 P/E ratio of 17.7.
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