NEW YORK ( TheStreet) -- Lithia Motors (NYSE: LAD) is trading at unusually high volume Thursday with 827,353 shares changing hands. It is currently at 4.2 times its average daily volume and trading up 86 cents (+6%) at $15.23 as of 3:47 p.m. ET.

Lithia has a market cap of $331.4 million and is part of the services sector and specialty retail industry. Shares are up 0.6% year to date as of the close of trading on Wednesday.

Lithia Motors, Inc. operates as an automotive franchisee and retailer of new and used vehicles. The company has a P/E ratio of 64.3, above the average specialty retail industry P/E ratio of 59.2 and above the S&P 500 P/E ratio of 22.7.

TheStreet Ratings rates Lithia as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, disappointing return on equity and poor profit margins. You can view the full Lithia Ratings Report.

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