NEW YORK (

TheStreet

) --

Cigna Corporation

(NYSE:

CI

) hit a new 52-week high Thursday as it traded at $44.29 compared with its previous 52-Week high of $44.20. Cigna is changing hands at $44 with 206,375 shares traded as of 9:47 a.m. ET. Average volume has been 2.5 million shares over the past 30 days.

Cigna has a market cap of $11.6 billion and is part of the

health care

sector and

health services

industry. Shares are up 18.7% year to date as of the close of trading on Wednesday.

CIGNA Corporation provides health care and related benefits in the United States and internationally. It operates in five segments: Health Care, Disability and Life, International, Run-off Reinsurance, and Other Operations. The company has a P/E ratio of 8.7, equal to the average health services industry P/E ratio and below the S&P 500 P/E ratio of 16.2.

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

Cigna Ratings Report

.

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