NEW YORK (

TheStreet

) --

Sonic Automotive

(NYSE:

SAH

) hit a new 52-week high Thursday as it is currently trading at $16.47, above its previous 52-week high of $16.27 with 81,371 shares traded as of 9:55 a.m. ET. Average volume has been 546,900 shares over the past 30 days.

Sonic Automotive has a market cap of $639.2 million and is part of the

services

sector and

specialty retail

industry. Shares are up 9.2% year to date as of the close of trading on Wednesday.

Sonic Automotive, Inc. operates as an automotive retailer in the United States. The company has a P/E ratio of 7.9, below the average specialty retail industry P/E ratio of 8.1 and below the S&P 500 P/E ratio of 17.7.

  • Sign up for TheStreet's FREE Dividend and Income Investor Newsletter

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 generally poor debt management and poor profit margins. You can view the full

Sonic Automotive Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

investment research center

.

null