NEW YORK (

TheStreet

) --

American Equity Investment Life Holding Com

(NYSE:

AEL

) hit a new 52-week high Friday as it is currently trading at $23.75, above its previous 52-week high of $23.65 with 46,013 shares traded as of 9:50 a.m. ET. Average volume has been 1.3 million shares over the past 30 days.

American Equity Investment Life Holding Com has a market cap of $1.58 billion and is part of the financial sector and insurance industry. Shares are up 92.4% year to date as of the close of trading on Thursday.

American Equity Investment Life Holding Company, through its subsidiaries, operates in the insurance business in 50 states and the District of Columbia. The company has a P/E ratio of 6.8, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates

American Equity Investment Life Holding Com

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, attractive valuation levels and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full

American Equity Investment Life Holding Com Ratings Report

.

See all

52-week high stocks

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