NEW YORK ( TheStreet) -- Harleysville Group (Nasdaq: HGIC) hit a new 52-week high Tuesday as it is currently trading at $59.14, above its previous 52-week high of $59.08 with 121,930 shares traded as of 11:50 a.m. ET. Average volume has been 179,500 shares over the past 30 days. Harleysville Group has a market cap of $1.6 billion and is part of the financial sector and insurance industry. Shares are up 60.2% year to date as of the close of trading on Monday. Harleysville Group Inc., through its subsidiaries, engages in the property and casualty insurance business primarily in the eastern and midwestern United States. The company has a P/E ratio of 33.3, below the average insurance industry P/E ratio of 33.5 and above the S&P 500 P/E ratio of 17.7.
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