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.