PACCAR Reaches New 52-Week High (PCAR)

NEW YORK ( TheStreet) -- PACCAR (Nasdaq: PCAR) hit a new 52-week high Tuesday as it is currently trading at $55.06, above its previous 52-week high of $55.05 with 434,970 shares traded as of 11:30 a.m. ET. Average volume has been 1.7 million shares over the past 30 days.

PACCAR has a market cap of $19.23 billion and is part of the consumer goods sector and automotive industry. Shares are up 20.7% year to date as of the close of trading on Monday.

PACCAR Inc, together with its subsidiaries, designs, manufactures, and distributes light, medium, and heavy-duty trucks and related aftermarket parts worldwide.

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TheStreet Ratings rates PACCAR as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, good cash flow from operations and reasonable valuation levels. 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 PACCAR Ratings Report.

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