America's Car-Mart Reaches New 52-Week High (CRMT)

NEW YORK ( TheStreet) -- America's Car-Mart (Nasdaq: CRMT) hit a new 52-week high Tuesday as it is currently trading at $47.41, above its previous 52-week high of $46.40 with 2,520 shares traded as of 9:36 a.m. ET. Average volume has been 50,100 shares over the past 30 days.

America's Car-Mart has a market cap of $373 million and is part of the services sector and specialty retail industry. Shares are up 17.3% year to date as of the close of trading on Friday.

America's Car-Mart, Inc., through its subsidiaries, operates as an automotive retailer in the United States. It primarily sells older model used vehicles and provides financing for its customers. As of February 3, 2012, the company operated 112 automotive dealerships in nine states. The company has a P/E ratio of 15.1, above the average specialty retail industry P/E ratio of 13.7 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates America's Car-Mart as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, solid stock price performance and impressive record of earnings per share growth. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full America's Car-Mart Ratings Report.

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