NEW YORK (

TheStreet

) --

Validus Holdings

(NYSE:

VR

) hit a new 52-week low Thursday as it is currently trading at $23.27, below its previous 52-week low of $23.27 with 410,949 shares traded as of 12:15 p.m. ET. Average volume has been 1.2 million shares over the past 30 days.

Validus has a market cap of $2.4 billion and is part of the

financial

sector and

insurance

industry. Shares are down 22.2% year to date as of the close of trading on Wednesday.

Validus Holdings, Ltd., through its subsidiaries, provides reinsurance and insurance coverage in the property, marine, and specialty lines markets worldwide. The company has a P/E ratio of 11.2, above the average insurance industry P/E ratio of 10.9 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Validus as a

hold

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. You can view the full

Validus Ratings Report

.

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