Penske Automotive Group Stock Hits New 52-Week High (PAG)

NEW YORK ( TheStreet) -- Penske Automotive Group (NYSE: PAG) hit a new 52-week high Thursday as it is currently trading at $25.19, above its previous 52-week high of $25.15 with 39,948 shares traded as of 9:45 a.m. ET. Average volume has been 482,100 shares over the past 30 days.

Penske Automotive Group has a market cap of $1.99 billion and is part of the services sector and specialty retail industry. Shares are up 30.3% year to date as of the close of trading on Wednesday.

Penske Automotive Group, Inc. operates as an automotive retailer. The company has a P/E ratio of 12.7, below the average specialty retail industry P/E ratio of 12.9 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Penske Automotive Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, attractive valuation levels, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full Penske Automotive Group Ratings Report.

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