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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) -- PACCAR (Nasdaq: PCAR) hit a new 52-week high Thursday as it is currently trading at $50.96, above its previous 52-week high of $50.94 with 776,225 shares traded as of 3 p.m. ET. Average volume has been 1.9 million shares over the past 30 days. PACCAR has a market cap of $17.74 billion and is part of the consumer goods sector and automotive industry. Shares are up 11% year to date as of the close of trading on Wednesday. PACCAR Inc, together with its subsidiaries, designs, manufactures, and distributes light-, medium-, and heavy-duty trucks and related aftermarket parts worldwide. The company has a P/E ratio of 16.1, below the S&P 500 P/E ratio of 17.7.