NEW YORK ( TheStreet) -- Greenlight Capital Re (Nasdaq: GLRE) hit a new 52-week low Wednesday as it is currently trading at $20.36, below its previous 52-week low of $20.38 with 65,067 shares traded as of two p.m. ET. Average volume has been 121,300 shares over the past 30 days. Greenlight Capital Re has a market cap of $762.2 million and is part of the financial sector and insurance industry. Shares are down 21.7% year to date as of the close of trading on Tuesday. Greenlight Capital Re, Ltd., through its subsidiary, Greenlight Reinsurance, Ltd., operates as a specialty property and casualty reinsurer. The company has a P/E ratio of 31.1, equal to the average insurance industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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