Life Reaches New 52-Week High (LIFE)

NEW YORK ( TheStreet) -- Life Technologies (Nasdaq: LIFE) hit a new 52-week high Wednesday as it is currently trading at $74.50, above its previous 52-week high of $74.48 with 1.5 million shares traded as of 3:31 p.m. ET. Average volume has been four million shares over the past 30 days.

Life has a market cap of $12.77 billion and is part of the health care sector and health services industry. Shares are up 51.4% year to date as of the close of trading on Tuesday.

Life Technologies Corporation operates as a life sciences company.

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TheStreet Ratings rates Life as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, solid stock price performance, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Life Ratings Report.

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