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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) -- Genuine Parts Company (NYSE: GPC) hit a new 52-week high Wednesday as it is currently trading at $70.26, above its previous 52-week high of $70.23 with 81,952 shares traded as of 10:40 a.m. ET. Average volume has been 653,000 shares over the past 30 days. Genuine Parts has a market cap of $10.84 billion and is part of the services sector and wholesale industry. Shares are up 9.9% year to date as of the close of trading on Tuesday. Genuine Parts Company distributes automotive replacement parts, industrial replacement parts, office products, and electrical/electronic materials in the United States, Puerto Rico, Canada, and Mexico. The company has a P/E ratio of 17.6, equal to the S&P 500 P/E ratio of 17.7.