NEW YORK (
) hit a new 52-week high Wednesday as it is currently trading at $37.52, above its previous 52-week high of $37.51 with 880,194 shares traded as of 3 p.m. ET. Average volume has been 893,000 shares over the past 30 days.
Arch Capital Group has a market cap of $4.91 billion and is part of the
industry. Shares are up 25.7% year to date as of the close of trading on Tuesday.
Arch Capital Group Ltd., together with its subsidiaries, provides insurance and reinsurance products worldwide. It operates in two segments, Insurance and Reinsurance. The company has a P/E ratio of 10.5, equal to the average insurance industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter
TheStreet Ratings rates Arch Capital Group as a
. 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, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full
52-week high stocks
or get investment ideas from our