NEW YORK (

TheStreet

) --

GATX

(NYSE:

GMT

) hit a new 52-week high Friday as it is currently trading at $44.49, above its previous 52-week high of $44.39 with 8,447 shares traded as of 9:39 a.m. ET. Average volume has been 294,600 shares over the past 30 days.

GATX has a market cap of $2.01 billion and is part of the

services

sector and

diversified services

industry. Shares are up 25.6% year to date as of the close of trading on Thursday.

GATX Corporation leases, operates, and manages assets in the rail, marine, and industrial equipment markets. It operates in three segments: Rail, Specialty, and American Steamship Company (ASC). The company has a P/E ratio of 20.7, equal to the average diversified services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates GATX as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and attractive valuation levels. 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

GATX Ratings Report

.

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