FLIR Systems Reaches New 52-Week High (FLIR)

NEW YORK ( TheStreet) -- FLIR Systems (Nasdaq: FLIR) hit a new 52-week high Monday as it is currently trading at $28.31, above its previous 52-week high of $28 with 168,734 shares traded as of 10:10 a.m. ET. Average volume has been 1.4 million shares over the past 30 days.

FLIR Systems has a market cap of $3.9 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 23.1% year to date as of the close of trading on Friday.

FLIR Systems, Inc. designs, manufactures, and markets thermal imaging systems worldwide. The company operates in five segments: Thermal Vision & Measurement (TVM), Raymarine, Surveillance, Detection, and Integrated Systems.

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TheStreet Ratings rates FLIR Systems as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full FLIR Systems Ratings Report.

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