NEW YORK (

TheStreet

) --

Group I Automotive

(NYSE:

GPI

) hit a new 52-week high Friday as it is currently trading at $55.25, above its previous 52-week high of $55.20 with 269,633 shares traded as of 2:55 p.m. ET. Average volume has been 307,000 shares over the past 30 days.

Group I Automotive has a market cap of $1.23 billion and is part of the

services

sector and

specialty retail

industry. Shares are up 5.2% year to date as of the close of trading on Thursday.

Group one Automotive, Inc., through its subsidiaries, engages in the marketing and sale of automotive products and services. The company has a P/E ratio of 17.5, above the average specialty retail industry P/E ratio of 17.3 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Group I Automotive as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, good cash flow from operations and increase in net income. 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

Group I Automotive Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

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