Ford Motor (NYSE:F) hit a new 52-week high Wednesday as it is currently trading at $14.56, above its previous 52-week high of $14.30 with 12.9 million shares traded as of 10:15 a.m. ET. Average volume has been 35.4 million 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) -- Ford Motor (NYSE: F) hit a new 52-week high Wednesday as it is currently trading at $14.56, above its previous 52-week high of $14.30 with 12.9 million shares traded as of 10:15 a.m. ET. Average volume has been 35.4 million shares over the past 30 days. Ford has a market cap of $54.08 billion and is part of the consumer goods sector and automotive industry. Shares are up 10.2% year to date as of the close of trading on Tuesday. Ford Motor Company engages in the development, manufacture, distribution, and service of vehicles, parts, and accessories worldwide. The company operates through two sectors, Automotive and Financial Services. The company has a P/E ratio of 9.5, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Ford as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income and notable return on equity. 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 Ford Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.