NEW YORK ( TheStreet) -- GATX (NYSE: GMT) hit a new 52-week high Tuesday as it is currently trading at $43.33, above its previous 52-week high of $43.12 with 41,601 shares traded as of 11:10 a.m. ET. Average volume has been 306,700 shares over the past 30 days. GATX has a market cap of $1.96 billion and is part of the services sector and diversified services industry. Shares are up 17.3% year to date as of the close of trading on Monday. GATX Corporation leases, operates, and manages assets in the rail, marine, and industrial equipment markets. It operates in three segments: Rail, Specialty, and American Steamship Company (ASC). The company has a P/E ratio of 20.1, equal to the average diversified services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates GATX as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and attractive valuation levels. 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 GATX Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.