Endurance Specialty Rises On Unusually High Volume (ENH)
Endurance Specialty Holdings (NYSE:ENH) is trading at unusually high volume Thursday with 983,573 shares changing hands. It is currently at 4.1 times its average daily volume and trading up $1.96 (+4.2%).
NEW YORK ( TheStreet) -- Endurance Specialty Holdings (NYSE: ENH) is trading at unusually high volume Thursday with 983,573 shares changing hands. It is currently at 4.1 times its average daily volume and trading up $1.96 (+4.2%) at $48.93 as of four p.m. ET. Endurance Specialty has a market cap of $1.8 billion and is part of the financial sector and insurance industry. Shares are up 1.9% year to date as of the close of trading on Wednesday. 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 7.2, equal to the average insurance industry P/E ratio and below the S&P 500 P/E ratio of 16.2. TheStreet Ratings rates Endurance Specialty 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, attractive valuation levels, solid stock price performance 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 heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. Interested in other stocks that are rising on unusually high volume? Get free SMS text alerts sent to you when the action happens by texting HVUP to 95370 or select from multiple alert options.