Amerco Reaches New 52-Week High (UHAL)

Amerco (Nasdaq:UHAL) hit a new 52-week high Thursday as it is currently trading at $111.15, above its previous 52-week high of $103.82 with 4,341 shares traded as of 9:30 a.m. ET. Average volume has been 34,500 shares over the past 30 days.
By TheStreet Wire ,

NEW YORK (

TheStreet

) --

Amerco

(Nasdaq:

UHAL

) hit a new 52-week high Thursday as it is currently trading at $111.15, above its previous 52-week high of $103.82 with 4,341 shares traded as of 9:30 a.m. ET. Average volume has been 34,500 shares over the past 30 days.

Amerco has a market cap of $1.92 billion and is part of the

services

sector and

diversified services

industry. Shares are up 16.1% year to date as of the close of trading on Wednesday.

AMERCO, through its subsidiary U-Haul International, Inc., a do-it-yourself moving and storage operator that supplies products and services to help people move and store their household and commercial goods in the United States and Canada. The company has a P/E ratio of 10.2, above the average diversified services industry P/E ratio of 9.7 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Amerco as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, attractive valuation levels, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full

Amerco Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

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.

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