NEW YORK ( TheStreet) -- PACCAR Inc (Nasdaq: PCAR) hit a new 52-week low Monday as it is currently trading at $32.98, below its previous 52-week low of $33 with 1.6 million shares traded as of 1:10 p.m. ET. Average volume has been 4.3 million shares over the past 30 days.

PACCAR has a market cap of $13 billion and is part of the consumer goods sector and automotive industry. Shares are down 41% year to date as of the close of trading on Friday.

PACCAR Inc, together with its subsidiaries, designs, manufactures, and distributes light-, medium-, and heavy-duty trucks and related aftermarket parts primarily in the United States and Europe. It markets its heavy-duty diesel trucks under the Kenworth, Peterbilt, and DAF nameplates. The company has a P/E ratio of 18.1, equal to the average automotive industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates PACCAR as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, poor profit margins and weak operating cash flow. You can view the full PACCAR Ratings Report.

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