Amerigon (Nasdaq:ARGN) hit a new 52-week high Thursday as it changed hands at $15.20 compared with its previous 52-week high of $15.15. Amerigon is currently trading at $15.18 with 229,034 shares changing hands as of 1 p.m..
NEW YORK ( TheStreet) -- Amerigon (Nasdaq: ARGN) hit a new 52-week high Thursday as it traded at $15.20 compared with its previous 52-Week high of $15.15. Amerigon is changing hands at $15.18 with 229,034 shares traded as of 1 p.m. ET. Average volume has been 196,200 shares over the past 30 days. Amerigon has a market cap of $326 million and is part of the consumer goods sector and automotive industry. Shares are up 31.5% year to date as of the close of trading on Wednesday. Amerigon Incorporated engages in the design, development, and marketing of electronic components and systems based on thermoelectric device (TED) technologies to car and truck original equipment manufacturers in the United States and internationally. The company has a P/E ratio of 33.6, equal to the average automotive industry P/E ratio and above the S&P 500 P/E ratio of 21.5. TheStreet Ratings rates Amerigon as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, robust revenue growth and notable return on equity. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and poor profit margins. You can view the full Amerigon Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.