American Financial Group Reaches New 52-Week High (AFG) - TheStreet

NEW YORK (

TheStreet

) --

American Financial Group

(NYSE:

AFG

) hit a new 52-week high Monday as it is currently trading at $38.70, above its previous 52-week high of $38.63 with 44,988 shares traded as of 10:20 a.m. ET. Average volume has been 415,200 shares over the past 30 days.

American Financial Group has a market cap of $3.67 billion and is part of the

financial

sector and

insurance

industry. Shares are up 3.3% year to date as of the close of trading on Friday.

American Financial Group, Inc., through its subsidiaries, engages in property and casualty insurance business in the United States. The company has a P/E ratio of 11.3, above the average insurance industry P/E ratio of 10.7 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates American Financial Group as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full

American Financial Group Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

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.

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