Rush Stock Hits New 52-Week High (RUSHA)

NEW YORK ( TheStreet) -- Rush (Nasdaq: RUSHA) hit a new 52-week high Wednesday as it traded at $21.25 compared with its previous 52-Week high of $21.22. Rush is changing hands at $20.92 with 30,399 shares traded as of 9:36 a.m. ET. Average volume has been 168,900 shares over the past 30 days. Rush has a market cap of $553.3 million and is part of the services sector and specialty retail industry. Shares are up 0.8% year to date as of the close of trading on Tuesday.

Rush Enterprises, Inc. owns and operates a network of commercial vehicle dealerships in North America. It operates a regional network of Rush Truck Centers that primarily sell commercial vehicles to owner operators, regional and national truck fleets, corporations, and local governments. The company has a P/E ratio of 45.1, below the average specialty retail industry P/E ratio of 46.1 and above the S&P 500 P/E ratio of 23.4.

TheStreet Ratings rates Rush as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. 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 Rush Ratings Report.

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