General Reaches New 52-Week High (GM)

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) -- General Motors (NYSE: GM) hit a new 52-week high Thursday as it is currently trading at $32.45, above its previous 52-week high of $32.44 with 2.2 million shares traded as of 10:35 a.m. ET. Average volume has been 11.2 million shares over the past 30 days.

General has a market cap of $43.37 billion and is part of the consumer goods sector and automotive industry. Shares are up 12.1% year to date as of the close of trading on Wednesday.

General Motors Company (GM) designs, manufactures, and markets cars, crossovers, trucks, and automobile parts worldwide. The company has a P/E ratio of 10.9, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates General as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures and notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full General Ratings Report.

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