Proassurance Reaches New 52-Week High (PRA)
NEW YORK (
) --
(NYSE:
) hit a new 52-week high Wednesday as it is currently trading at $82.08, above its previous 52-week high of $82 with 9,839 shares traded as of 10:10 a.m. ET. Average volume has been 145,500 shares over the past 30 days.
Proassurance has a market cap of $2.47 billion and is part of the
sector and
industry. Shares are up 2.3% year to date as of the close of trading on Tuesday.
ProAssurance Corporation, through its subsidiaries, provides medical and other professional liability insurance products to health care service, legal service, and other professional service providers in the United States. The company has a P/E ratio of 10.2, 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 Proassurance as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full
.
See all
52-week high stocks
or get investment ideas from our
.
null
