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 Tuesday as it is currently trading at $34.98, above its previous 52-week high of $34.91 with 9.6 million shares traded as of 10:20 a.m. ET. Average volume has been 11.7 million shares over the past 30 days.

General has a market cap of $46.59 billion and is part of the consumer goods sector and automotive industry. Shares are up 17.6% year to date as of the close of trading on Monday.

General Motors Company (GM) designs, manufactures, and markets cars, crossovers, trucks, and automobile parts worldwide. The company has a P/E ratio of 11.7, 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, attractive valuation levels, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full General Ratings Report.

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