Ryder System (Nasdaq:R) hit a new 52-week high Wednesday as it is currently trading at $59.73, above its previous 52-week high of $59.70 with 236,848 shares traded as of 2:11 p.m. ET. Average volume has been 523,700 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) -- Ryder System (Nasdaq: R) hit a new 52-week high Wednesday as it is currently trading at $59.73, above its previous 52-week high of $59.70 with 236,848 shares traded as of 2:11 p.m. ET. Average volume has been 523,700 shares over the past 30 days. Ryder System has a market cap of $3.05 billion and is part of the services sector and diversified services industry. Shares are up 17.4% year to date as of the close of trading on Tuesday. Ryder System, Inc. provides transportation and supply chain management solutions. It operates in two segments, Fleet Management Solutions (FMS) and Supply Chain Solutions (SCS). The company has a P/E ratio of 15.2, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Ryder System as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, impressive record of earnings per share growth, increase in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Ryder System Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.