NEW YORK (

TheStreet

) --

Textainer Group Holdings

(NYSE:

TGH

) hit a new 52-week high Wednesday as it traded at $36.75 compared with its previous 52-Week high of $36.70. Textainer Group is changing hands at $36.75 with 96,688 shares traded as of 2:11 p.m. ET. Average volume has been 107,200 shares over the past 30 days.

Textainer Group has a market cap of $1.7 billion and is part of the

services

sector and

diversified services

industry. Shares are up 22.2% year to date as of the close of trading on Tuesday.

Textainer Group Holdings Limited, through its subsidiaries, engages in the purchase, ownership, management, leasing, and disposal of intermodal containers worldwide. The company has a P/E ratio of 14.1, equal to the average diversified services industry P/E ratio and below the S&P 500 P/E ratio of 16.1.

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TheStreet Ratings rates Textainer Group as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, expanding profit margins, good cash flow from operations and impressive record of earnings per share growth. 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

Textainer Group Ratings Report

.

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