NEW YORK ( TheStreet) -- CAI International (NYSE: CAP) hit a new 52-week high Wednesday as it is currently trading at $27.36, above its previous 52-week high of $27.30 with 56,743 shares traded as of 9:36 a.m. ET. Average volume has been 108,300 shares over the past 30 days. CAI International has a market cap of $494.5 million and is part of the services sector and diversified services industry. Shares are up 36.8% year to date as of the close of trading on Tuesday. CAI International, Inc., together with its subsidiaries, engages in the intermodal marine cargo container leasing business worldwide. The company leases, re-leases, and disposes containers, as well as contracts for the repair, repositioning, and storage of containers. The company has a P/E ratio of 16.4, equal to the average diversified services industry P/E ratio and below the S&P 500 P/E ratio of 16.7.
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TheStreet Ratings rates CAI International as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, expanding profit margins, good cash flow from operations and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full CAI International Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.