NEW YORK (

TheStreet

) --

Arthur J. Gallagher

(NYSE:

AJG

) hit a new 52-week high Wednesday as it is currently trading at $33.02, above its previous 52-week high of $33 with 331,100 shares traded as of 1:28 p.m. ET. Average volume has been 877,200 shares over the past 30 days.

Arthur J. Gallagher has a market cap of $3.63 billion and is part of the

financial

sector and

insurance

industry. Shares are up 13.4% year to date as of the close of trading on Tuesday.

Arthur J. Gallagher & Co. and its subsidiaries provide insurance brokerage and risk management services to various commercial, industrial, institutional, and governmental organizations. It operates in two segments, Brokerage and Risk Management. The company has a P/E ratio of 23.5, above the average insurance industry P/E ratio of 22.4 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Arthur J. Gallagher as a

buy

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

Arthur J. Gallagher Ratings Report

.

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