NEW YORK ( TheStreet) -- Asbury Automotive Group (NYSE: ABG) hit a new 52-week high Friday as it is currently trading at $20.14, above its previous 52-week high of $20.13 with 40,306 shares traded as of 12:06 p.m. ET. Average volume has been 414,500 shares over the past 30 days.

Asbury Automotive Group has a market cap of $642 million and is part of the services sector and specialty retail industry. Shares are up 7.8% year to date as of the close of trading on Thursday.

Asbury Automotive Group, Inc. operates as an automotive retailer in the United States. The company has a P/E ratio of 19.7, above the average specialty retail industry P/E ratio of 12.8 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Asbury Automotive Group as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income and solid stock price performance. 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 Asbury Automotive Group Ratings Report.

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