NEW YORK (
) 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
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
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