General Stock Hits New 52-Week High (GM)

NEW YORK ( TheStreet) -- General Motors (NYSE: GM) hit a new 52-week high Thursday as it is currently trading at $35.77, above its previous 52-week high of $35.49 with 862,297 shares traded as of 9:35 a.m. ET. Average volume has been 14.2 million shares over the past 30 days.

General has a market cap of $48 billion and is part of the consumer goods sector and automotive industry. Shares are up 22.5% 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.

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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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