NEW YORK ( TheStreet) -- WR Berkley (NYSE: WRB) hit a new 52-week high Monday as it is currently trading at $33.30, above its previous 52-week high of $33.26 with 132,605 shares traded as of 10:16 a.m. ET. Average volume has been 1.1 million shares over the past 30 days.

WR Berkley has a market cap of $4.4 billion and is part of the financial sector and insurance industry. Shares are up 20.2% year to date as of the close of trading on Friday.

W. R. Berkley Corporation, an insurance holding company, operates as commercial lines writers in the property casualty insurance business primarily in the United States. The company operates in five segments: Specialty, Regional, Alternative Markets, Reinsurance, and International. The company has a P/E ratio of 11.3, equal to the average insurance industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates WR Berkley as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, good cash flow from operations, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full WR Berkley Ratings Report.

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