NEW YORK ( TheStreet) -- Asbury Automotive Group (NYSE: ABG) hit a new 52-week high Tuesday as it traded at $20.12 compared with its previous 52-Week high of $20. Asbury Automotive Group is changing hands at $19.89 with 270,540 shares traded as of 10:01 a.m. ET. Average volume has been 207,600 shares over the past 30 days. Asbury Automotive Group has a market cap of $599.1 million and is part of the services sector and specialty retail industry. Shares are down 1% year to date as of the close of trading on Friday. Asbury Automotive Group, Inc. operates as an automotive retailer in the United States. The company has a P/E ratio of 15.1, below the average specialty retail industry P/E ratio of 18.3 and below the S&P 500 P/E ratio of 23.2. TheStreet Ratings rates Asbury Automotive Group 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, poor profit margins and weak operating cash flow. You can view the full Asbury Automotive Group Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.
TheStreet’s Fundamentals of Investing Course will teach you the keys to making the right decisions in any market.
TheStreet’s Personal Finance Essentials Course will teach you money management basics and investing strategies to help you avoid major financial pitfalls.
TheStreet Courses offers dedicated classes designed to improve your investing skills, stock market knowledge and money management capabilities.
More from Markets
The Way to Deal With This Sort of Action Isn't Complicated
We need to get out of the way and protect capital.
Dow Sinks as U.S.-China Trade War Intensifies, Tech Hit by Trade Tensions
Stocks slide Thursday as investors react to the trade war between the United States and China.
Amazon Reportedly Working on Device That Recognizes Human Emotions
Amazon.com is working on a wearable device that can recognize human emotions, a report says.
Trump's New China Tariffs Costing U.S. Families $831 a Year, New York Fed Says
President Donald Trump has escalated his trade war with China over allegedly unfair practices. But guess what else is escalating? American consumers' costs for goods imported from China.