NEW YORK (
) hit a new 52-week high Wednesday as it is currently trading at $16.42, above its previous 52-week high of $16.07 with 55,612 shares traded as of 9:37 a.m. ET. Average volume has been 172,500 shares over the past 30 days.
Lithia has a market cap of $341.5 million and is part of the
industry. Shares are up 5.4% year to date as of the close of trading on Tuesday.
Lithia Motors, Inc. operates as an automotive franchisee and retailer of new and used vehicles. The company has a P/E ratio of 28.5, below the average specialty retail industry P/E ratio of 29.1 and above the S&P 500 P/E ratio of 16.7.
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TheStreet Ratings rates Lithia as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including generally poor debt management and poor profit margins. You can view the full
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