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NEW YORK ( TheStreet) -- Asbury Automotive Group (NYSE: ABG) hit a new 52-week high Friday as it is currently trading at $27.24, above its previous 52-week high of $27.20 with 595,309 shares traded as of 2:15 p.m. ET. Average volume has been 341,400 shares over the past 30 days. Asbury Automotive Group has a market cap of $733.7 million and is part of the services sector and specialty retail industry. Shares are up 23% year to date as of the close of trading on Thursday. Asbury Automotive Group, Inc. operates as an automotive retailer in the United States. The company has a P/E ratio of 17.6, above the average specialty retail industry P/E ratio of 14.9 and equal to the S&P 500 P/E ratio of 17.7.