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NEW YORK ( TheStreet) -- Group I Automotive (NYSE: GPI) hit a new 52-week high Thursday as it is currently trading at $52.29, above its previous 52-week high of $52.16 with 48,649 shares traded as of 11:10 a.m. ET. Average volume has been 316,200 shares over the past 30 days. Group I Automotive has a market cap of $1.17 billion and is part of the services sector and specialty retail industry. Shares are down 0.6% year to date as of the close of trading on Wednesday. Group one Automotive, Inc., through its subsidiaries, engages in the marketing and sale of automotive products and services. The company has a P/E ratio of 16.6, equal to the average specialty retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7.