Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
NEW YORK (
) hit a new 52-week high Tuesday as it is currently trading at $38.13, above its previous 52-week high of $38.12 with 54,695 shares traded as of 10:06 a.m. ET. Average volume has been 892,800 shares over the past 30 days.
Validus has a market cap of $4.13 billion and is part of the financial sector and insurance industry. Shares are up 9.3% year to date as of the close of trading on Monday.
Validus Holdings, Ltd. through its subsidiaries, provides reinsurance, insurance, and insurance linked securities fund management services in the property, marine, and specialty lines markets worldwide. The company has a P/E ratio of 9.5, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Validus as a
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, good cash flow from operations, notable return on equity 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
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