Asbury Automotive Group Stock Hits New 52-Week High (ABG)
NEW YORK (
) --
(NYSE:
) hit a new 52-week high Thursday as it is currently trading at $23.85, above its previous 52-week high of $23.73 with 30,854 shares traded as of 9:59 a.m. ET. Average volume has been 341,400 shares over the past 30 days.
Asbury Automotive Group has a market cap of $733.7 million and is part of the
sector and
industry. Shares are up 8.3% year to date as of the close of trading on Wednesday.
Asbury Automotive Group, Inc. operates as an automotive retailer in the United States. The company has a P/E ratio of 21.2, above the average specialty retail industry P/E ratio of 14.9 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Asbury Automotive Group as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally poor debt management and disappointing return on equity. You can view the full
Asbury Automotive Group Ratings Report
.
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