And the reason for this is…………….?

From the Street Wire

NEW YORK (TheStreet) — Sirona Dental Systems (Nasdaq:SIRO)
hit a new 52-week high Monday as it traded at $52.35 compared with its
previous 52-Week high of $52.08. Sirona Dental Systems is changing hands
at $52.10 with 1,193 shares traded as of 9:31 a.m. ET. Average volume
has been 305,700 shares over the past 30 days.

NASDAQ in Times Square, New York City, USA.

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Sirona Dental Systems has a market cap of $2.9 billion and is part of the health care sector and health services industry. Shares are up 24.4% year to date as of the close of trading on Friday.

Sirona Dental Systems, Inc., together with its subsidiaries,
manufactures and sells dental equipment for dentists worldwide. The
company provides a range of products in four primary areas: dental
CAD/CAM systems, imaging systems, treatment centers, and instruments.
The company has a P/E ratio of 28.9, equal to the average health
services industry P/E ratio and above the S&P 500 P/E ratio of 21.9.

TheStreet Ratings rates Sirona Dental Systems as a buy. The
company’s strengths can be seen in multiple areas,such as its revenue
growth,impressive record of earnings per share growth, compelling
growth in net income, expanding profit margins and solid stock price
performance. We feel these strengths outweigh the fact that the company
shows weak operating cash flow. You can view the full Sirona Dental Systems Ratings Report.

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