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NEW YORK ( TheStreet) -- Asbury Automotive Group (NYSE: ABG) hit a new 52-week high Wednesday as it is currently trading at $27.62, above its previous 52-week high of $27.60 with 4,435 shares traded as of 9:48 a.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 27.3% year to date as of the close of trading on Tuesday. Asbury Automotive Group, Inc. operates as an automotive retailer in the United States. The company has a P/E ratio of 18.3, above the average specialty retail industry P/E ratio of 14.9 and above the S&P 500 P/E ratio of 17.7.