Toyota Stock Hits New 52-Week High (TM)

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) -- Toyota Motor (NYSE: TM) hit a new 52-week high Friday as it is currently trading at $97.56, above its previous 52-week high of $97.55 with 110,482 shares traded as of 9:50 a.m. ET. Average volume has been 418,700 shares over the past 30 days.

Toyota has a market cap of $151.37 billion and is part of the consumer goods sector and automotive industry. Shares are up 2.5% 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 and related parts primarily in Japan, North America, Europe, and Asia. The company has a P/E ratio of 43.5, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Toyota as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, good cash flow from operations, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Toyota Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.

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