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Penske Automotive Group Stock Hits New 52-Week High (PAG)

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NEW YORK (TheStreet) — Penske Automotive Group (NYSE:PAG) hit a new 52-week high Monday as it traded at $19.57 compared with its previous 52-Week high of $19.54. Penske Automotive Group is changing hands at $19.46 with 1,882 shares traded as of 9:31 a.m. ET. Average volume has been 551,100 shares over the past 30 days. Penske Automotive Group has a market cap of $1.8 billion and is part of the services sector and specialty retail industry. Shares are up 11.7% year to date as of the close of trading on Friday.

Penske Automotive Group, Inc. operates as an automotive retailer in the United States and the United Kingdom. It sells new and used motor vehicles, as well as provides various repair, maintenance, and collision services. The company has a P/E ratio of 17.5, below the average specialty retail industry P/E ratio of 17.6 and below the S&P 500 P/E ratio of 23.5.

TheStreet Ratings rates Penske Automotive Group as a hold. The company’s strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, poor profit margins and weak operating cash flow. You can view the full Penske Automotive Group Ratings Report.

[Source: thestreet.com]

Tags : New YorkPAGPenske Automotive Group
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