NEW YORK (

TheStreet

) --

Penske Automotive Group

(NYSE:

PAG

) hit a new 52-week high Tuesday as it is currently trading at $24.47, above its previous 52-week high of $24.45 with 437,103 shares traded as of 3:45 p.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

services

sector and

specialty retail

industry. Shares are up 25.5% year to date as of the close of trading on Monday.

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 14, 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

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, attractive valuation levels, good cash flow from operations and solid stock price performance. 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

.

See all

52-week high stocks

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