Tower Group Stock Hits New 52-Week Low (TWGP)
NEW YORK ( TheStreet) -- Tower Group (Nasdaq: TWGP) hit a new 52-week low Thursday as it is currently trading at $19.74, below its previous 52-week low of $19.78 with 6,983 shares traded as of 9:40 a.m. ET. Average volume has been 215,700 shares over the past 30 days. Tower Group has a market cap of $791.9 million and is part of the financial sector and insurance industry. Shares are down 0.4% year to date as of the close of trading on Wednesday. Tower Group, Inc., through its subsidiaries, provides commercial, specialty, and personal property and casualty insurance products and services to businesses in various industries and to individuals in the United States. The company has a P/E ratio of 14.6, below the average insurance industry P/E ratio of 14.8 and below the S&P 500 P/E ratio of 17.7.
- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.