NEW YORK (
) hit a new 52-week high Friday as it is currently trading at $20.66, above its previous 52-week high of $20.65 with 90,312 shares traded as of 3:19 p.m. ET. Average volume has been 194,700 shares over the past 30 days.
Standard has a market cap of $454 million and is part of the
industry. Shares are up 49.1% year to date as of the close of trading on Thursday.
Standard Motor Products, Inc. manufactures and distributes replacement parts for motor vehicles in the automotive aftermarket industry. It operates through two segments: Engine Management and Temperature Control. The company has a P/E ratio of 12.2, below the average automotive industry P/E ratio of 13 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Standard as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full
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