NEW YORK (

TheStreet

) --

Sonic Automotive

(NYSE:

SAH

) hit a new 52-week high Friday as it traded at $15.03 compared with its previous 52-Week high of $14.97. Sonic Automotive is changing hands at $14.99 with 27,102 shares traded as of 9:37 a.m. ET. Average volume has been 408,400 shares over the past 30 days.

Sonic Automotive has a market cap of $585.8 million and is part of the

services

sector and

specialty retail

industry. Shares are up 9.7% year to date as of the close of trading on Thursday.

Sonic Automotive, Inc. operates as an automotive retailer in the United States. The company has a P/E ratio of 14.5, below the average specialty retail industry P/E ratio of 17.3 and below the S&P 500 P/E ratio of 22.6.

TheStreet Ratings rates Sonic Automotive as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally poor debt management and poor profit margins. You can view the full

Sonic Automotive Ratings Report

.

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