NEW YORK ( TheStreet) -- Toyota Motor (NYSE: TM) hit a new 52-week high Friday as it is currently trading at $85.81, above its previous 52-week high of $85.49 with 34,258 shares traded as of 9:35 a.m. ET. Average volume has been 525,600 shares over the past 30 days. Toyota has a market cap of $113.4 billion and is part of the consumer goods sector and automotive industry. Shares are up 29% year to date as of the close of trading on Thursday. Toyota Motor Corporation engages in the design, manufacture, assembly, and sale of passenger cars, minivans, and commercial vehicles. The company has a P/E ratio of 26.6, below the average automotive industry P/E ratio of 51.3 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Toyota as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. You can view the full Toyota Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.