NEW YORK ( TheStreet) -- Torchmark Corporation (NYSE: TMK) hit a new 52-week high Monday as it traded at $66 compared with its previous 52-Week high of $65.99. Torchmark is changing hands at $65.87 with 140,988 shares traded as of 11:21 a.m. ET. Average volume has been 550,500 shares over the past 30 days. Torchmark has a market cap of $4.9 billion and is part of the financial sector and insurance industry. Shares are up 8.4% year to date as of the close of trading on Friday. 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, equal to the average insurance industry P/E ratio and below the S&P 500 P/E ratio of 15.8.
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