NEW YORK ( TheStreet) -- Asbury Automotive Group (NYSE: ABG) is trading at unusually high volume Tuesday with 837,264 shares changing hands. It is currently at four times its average daily volume and trading up $1.16 (+6.3%) at $19.46 as of 3:31 p.m. ET. 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 heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.
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