NEW YORK (
) hit a new 52-week high Friday as it is currently trading at $30.24, above its previous 52-week high of $30.04 with 96,722 shares traded as of 10:09 a.m. ET. Average volume has been 140,200 shares over the past 30 days.
Arctic Cat has a market cap of $280.4 million and is part of the
industry. Shares are up 26.7% year to date as of the close of trading on Thursday.
Arctic Cat Inc. designs, engineers, manufactures, and markets snowmobiles and all-terrain vehicles (ATVs) under the Arctic Cat brand name in the United States and internationally. It also offers related parts, garments, and accessories. The company has a P/E ratio of 23.8, above the average automotive industry P/E ratio of 23 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Arctic Cat as a
. 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, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full
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