NEW YORK (

TheStreet

) --

Penske Automotive Group

(NYSE:

PAG

) hit a new 52-week high Thursday as it is currently trading at $22.19, above its previous 52-week high of $22.10 with 513,286 shares traded as of 11:07 a.m. ET. Average volume has been 753,600 shares over the past 30 days.

Penske Automotive Group has a market cap of $1.9 billion and is part of the

services

sector and

specialty retail

industry. Shares are up 17.9% year to date as of the close of trading on Wednesday.

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Penske Automotive Group, Inc. operates as an automotive retailer in the United States and the United Kingdom. It sells new and used motor vehicles, as well as provides various repair, maintenance, and collision services. The company has a P/E ratio of 16.8, below the average specialty retail industry P/E ratio of 17.2 and below the S&P 500 P/E ratio of 16.9.

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TheStreet Ratings rates Penske Automotive Group as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and impressive record of earnings per share growth. 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

Penske Automotive Group Ratings Report

.

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