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NEW YORK (

TheStreet

) --

Torchmark Corporation

(NYSE:

TMK

) hit a new 52-week high Tuesday as it is currently trading at $49, above its previous 52-week high of $48.87 with 842,261 shares traded as of 3:40 p.m. ET. Average volume has been 1.3 million shares over the past 30 days.

Torchmark has a market cap of $4.62 billion and is part of the

financial

sector and

insurance

industry. Shares are up 12.3% year to date as of the close of trading on Friday.

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Torchmark Corporation, through its subsidiaries, provides individual life and supplemental health insurance products, and annuities to middle income households. The company has a P/E ratio of 10.4, above the average insurance industry P/E ratio of 9.5 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Torchmark as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full

Torchmark Ratings Report

.

See all

52-week high stocks

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