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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 Thursday as it is currently trading at $71.45, above its previous 52-week high of $71.44 with 777,689 shares traded as of 2:30 p.m. ET. Average volume has been 707,100 shares over the past 30 days. Genuine Parts has a market cap of $10.74 billion and is part of the services sector and wholesale industry. Shares are up 10.9% year to date as of the close of trading on Wednesday. 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 16.7, below the S&P 500 P/E ratio of 17.7.