NEW YORK (

TheStreet

) --

Montpelier RE Holdings

(NYSE:

MRH

) hit a new 52-week high Monday as it is currently trading at $19.61, above its previous 52-week high of $19.50 with 40,945 shares traded as of 10:15 a.m. ET. Average volume has been 452,700 shares over the past 30 days.

Montpelier RE has a market cap of $1.07 billion and is part of the

financial

sector and

insurance

industry. Shares are up 8% year to date as of the close of trading on Friday.

Montpelier Re Holdings Ltd., through its subsidiaries, provides insurance and reinsurance solutions.

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TheStreet Ratings rates Montpelier RE 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 and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full

Montpelier RE Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

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.

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