NEW YORK (

TheStreet

) --

LKQ Corporation

(Nasdaq:

LKQX

) hit a new 52-week high Wednesday as it is currently trading at $30.49, above its previous 52-week high of $30.24 with 219,479 shares traded as of 10:25 a.m. ET. Average volume has been 711,500 shares over the past 30 days.

LKQ has a market cap of $4.19 billion and is part of the

services

sector and

wholesale

industry. Shares are up 28.3% year to date as of the close of trading on Tuesday.

LKQ Corporation, together with its subsidiaries, provides replacement parts, components, and parts needed to repair vehicles, primarily cars and trucks in the United States and Canada. It distributes aftermarket replacement, recycled collision and mechanical, and refurbished products. The company has a P/E ratio of 21.5, equal to the average wholesale industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates LKQ as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and solid stock price performance. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full

LKQ Ratings Report

.

See all

52-week high stocks

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