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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.