Ford Motor (NYSE:F) hit a new 52-week high Thursday as it is currently trading at $13.77, above its previous 52-week high of $13.70 with 10.2 million shares traded as of 9:35 a.m. ET. Average volume has been 52 million shares over the past 30 days.
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) -- Ford Motor (NYSE: F) hit a new 52-week high Thursday as it is currently trading at $13.77, above its previous 52-week high of $13.70 with 10.2 million shares traded as of 9:35 a.m. ET. Average volume has been 52 million shares over the past 30 days. Ford has a market cap of $49.95 billion and is part of the consumer goods sector and automotive industry. Shares are up 4% year to date as of the close of trading on Wednesday. Ford Motor Company engages in the development, manufacture, distribution, and service of vehicles and related parts worldwide. The company operates through two sectors, Automotive and Financial Services. The automotive sector offers vehicles primarily under the Ford and Lincoln brand names. The company has a P/E ratio of 3.1, below the S&P 500 P/E ratio of 17.7.
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
TheStreet Ratings rates Ford as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Ford Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center. Holiday Special: Subscribe to Action Alerts PLUS to see how Jim Cramer trades his $2.5 Million+ portfolio for 51% off the list price. Your first 14-days are FREE: Sign up today to get e-mail alerts before every trade.