Group I Automotive Reaches New 52-Week High (GPI)

NEW YORK ( TheStreet) -- Group I Automotive (NYSE: GPI) hit a new 52-week high Tuesday as it is currently trading at $58.46, above its previous 52-week high of $57.71 with 51,926 shares traded as of 9:40 a.m. ET. Average volume has been 307,000 shares over the past 30 days.

Group I Automotive has a market cap of $1.23 billion and is part of the services sector and specialty retail industry. Shares are up 9.9% year to date as of the close of trading on Monday.

Group one Automotive, Inc., through its subsidiaries, engages in the marketing and sale of automotive products and services. It sells new and used cars, light trucks, and vehicle parts. The company has a P/E ratio of 16.2, below the average specialty retail industry P/E ratio of 17.3 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Group I Automotive as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. 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 Group I Automotive Ratings Report.

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