Penske Automotive Group Reaches New 52-Week High (PAG)
NEW YORK (
) --
(NYSE:
) hit a new 52-week high Monday as it is currently trading at $24.05, above its previous 52-week high of $24.03 with 51,990 shares traded as of 11:14 a.m. ET. Average volume has been 482,100 shares over the past 30 days.
Penske Automotive Group has a market cap of $1.99 billion and is part of the
sector and
industry. Shares are up 24.2% year to date as of the close of trading on Friday.
Penske Automotive Group, Inc. operates as an automotive retailer in the United States, Puerto Rico, the United Kingdom, and Germany. The company has a P/E ratio of 13.6, above the average specialty retail industry P/E ratio of 12.9 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Penske Automotive Group as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income 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
Penske Automotive Group Ratings Report
.
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