General Stock Hits New 52-Week High (GM)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- General Motors (NYSE: GM) hit a new 52-week high Thursday as it is currently trading at $30.29, above its previous 52-week high of $30.28 with 60,827 shares traded as of 9:30 a.m. ET. Average volume has been 9.8 million shares over the past 30 days.

General has a market cap of $45.99 billion and is part of the consumer goods sector and automotive industry. Shares are up 1.9% year to date as of the close of trading on Wednesday.

General Motors Company (GM) designs, manufactures, and markets cars, crossovers, trucks, and automobile parts worldwide. The company has a P/E ratio of 11, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates General as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and poor profit margins. You can view the full General Ratings Report.

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