NEW YORK (

TheStreet

) --

Cooper Tire & Rubber Company

(NYSE:

CTB

) hit a new 52-week high Friday as it is currently trading at $27.17, above its previous 52-week high of $27.07 with 521,636 shares traded as of 12:41 p.m. ET. Average volume has been 785,100 shares over the past 30 days.

Cooper Tire & Rubber has a market cap of $1.6 billion and is part of the

consumer goods

sector and

consumer non-durables

industry. Shares are up 12.5% year to date as of the close of trading on Thursday.

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Cooper Tire & Rubber Company manufactures and markets replacement tires primarily in North America and internationally. The company has a P/E ratio of 13.9, above the average consumer non-durables industry P/E ratio of 11.5 and below the S&P 500 P/E ratio of 17.

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TheStreet Ratings rates Cooper Tire & Rubber as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, attractive valuation levels, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full

Cooper Tire & Rubber Ratings Report

.

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