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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TheStreet Ratings rates Greenlight Capital Re as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and generally poor debt management. You can view the full Greenlight Capital Re Ratings Report.

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