Genuine Parts Stock Hits New 52-Week High (GPC)

NEW YORK ( TheStreet) -- Genuine Parts Company (NYSE: GPC) hit a new 52-week high Monday as it is currently trading at $84.70, above its previous 52-week high of $84.27 with 83,065 shares traded as of 9:35 a.m. ET. Average volume has been 839,600 shares over the past 30 days.

Genuine Parts has a market cap of $12.84 billion and is part of the services sector and wholesale industry. Shares are up 31.7% year to date as of the close of trading on Friday.

Genuine Parts Company distributes automotive replacement parts, industrial replacement parts, office products, and electrical/electronic materials in the United States, Puerto Rico, the Dominican Republic, Mexico, and Canada.

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TheStreet Ratings rates Genuine Parts as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Genuine Parts Ratings Report.

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