NEW YORK ( TheStreet) -- Standard Motor Products (NYSE: SMP) hit a new 52-week high Monday as it is currently trading at $23.35, above its previous 52-week high of $23.20 with 29,747 shares traded as of 10 a.m. ET. Average volume has been 198,800 shares over the past 30 days. Standard has a market cap of $486 million and is part of the consumer goods sector and automotive industry. Shares are up 10.1% year to date as of the close of trading on Friday. Standard Motor Products, Inc. manufactures and distributes replacement parts for motor vehicles in the automotive aftermarket industry. It operates through two segments: Engine Management and Temperature Control. The company has a P/E ratio of 13.8, below the average automotive industry P/E ratio of 13.9 and below the S&P 500 P/E ratio of 17.7.
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