Allied World Assurance Stock Hits New 52-Week High (AWH)

NEW YORK ( TheStreet) -- Allied World Assurance Company Holdings (NYSE: AWH) hit a new 52-week high Tuesday as it is currently trading at $65.76, above its previous 52-week high of $65.70 with 247,227 shares traded as of 3:50 p.m. ET. Average volume has been 288,200 shares over the past 30 days.

Allied World Assurance has a market cap of $2.37 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 Monday.

Allied World Assurance Company Holdings, AG operates as a specialty insurance and reinsurance company in Bermuda, Hong Kong, Ireland, Singapore, Switzerland, the United Kingdom, and the United States. The company has a P/E ratio of 14, above the average insurance industry P/E ratio of 13.6 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Allied World Assurance as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Allied World Assurance Ratings Report.

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