NEW YORK ( TheStreet) -- Endurance Specialty Holdings (NYSE: ENH) hit a new 52-week high Friday as it traded at $48.94 compared with its previous 52-Week high of $48.94. Endurance Specialty is changing hands at $48.89 with 224,442 shares traded as of 2:21 p.m. ET. Average volume has been 218,600 shares over the past 30 days. Endurance Specialty has a market cap of $2.3 billion and is part of the financial sector and insurance industry. Shares are up 2.4% year to date as of the close of trading on Thursday. Endurance Specialty Holdings Ltd., through its subsidiaries, engages in underwriting specialty lines of personal and commercial property and casualty insurance and reinsurance worldwide. The company has a P/E ratio of 7.8, above the average insurance industry P/E ratio of 7.4 and below the S&P 500 P/E ratio of 22.6. TheStreet Ratings rates Endurance Specialty as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full Endurance Specialty Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.