NEW YORK (

TheStreet

) --

Goodyear Tire & Rubber

(NYSE:

GT

) hit a new 52-week high Wednesday as it is currently trading at $15.72, above its previous 52-week high of $15.71 with 1.3 million shares traded as of 10:12 a.m. ET. Average volume has been 6.9 million shares over the past 30 days.

Goodyear Tire & Rubber has a market cap of $3.7 billion and is part of the

consumer goods

sector and

consumer non-durables

industry. Shares are up 29.8% year to date as of the close of trading on Tuesday.

The Goodyear Tire & Rubber Company engages in the development, manufacture, distribution, and sale of tires, and related products and services to consumer and commercial customers worldwide.

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TheStreet Ratings rates Goodyear Tire & Rubber as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally poor debt management and poor profit margins. You can view the full

Goodyear Tire & Rubber Ratings Report

.

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