NEW YORK ( TheStreet) -- Universal American Financial Corporation (NYSE: UAM) hit a new 52-week high Wednesday as it traded at $22.87 compared with its previous 52-Week high of $22.86. Universal American Financial is changing hands at $22.87 with 156,616 shares traded as of 3:42 p.m. ET. Average volume has been 379,100 shares over the past 30 days.

Universal American Financial has a market cap of $1.7 billion and is part of the health care sector and health services industry. Shares are up 10.6% year to date as of the close of trading on Tuesday.

Universal American Corp., together with its subsidiaries, provides health insurance and managed care products and services primarily to the senior population in the United States. The company has a P/E ratio of 9.5, equal to the average health services industry P/E ratio and below the S&P 500 P/E ratio of 16.1.
  • Practice your UAM trading strategies and win cash in our stock game.

TheStreet Ratings rates Universal American Financial as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Universal American Financial Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.
null

If you liked this article you might like

Universal American CEO: My Company Has Rx for Success

Universal American CEO: My Company Has Rx for Success

Healthcare Costs Actually on the Decline Says Universal American CEO

Healthcare Costs Actually on the Decline Says Universal American CEO

Universal American Corp Stock Upgraded (UAM)

Universal American Corp Stock Upgraded (UAM)

Stock Market Says Obamacare Is Winning

Stock Market Says Obamacare Is Winning

Universal American Corp Stock Downgraded (UAM)

Universal American Corp Stock Downgraded (UAM)