AmTrust Financial Services Stock Hits New 52-Week High (AFSI)

NEW YORK ( TheStreet) -- AmTrust Financial Services (Nasdaq: AFSI) hit a new 52-week high Friday as it is currently trading at $27.69, above its previous 52-week high of $27.66 with 47,686 shares traded as of 10:24 a.m. ET. Average volume has been 300,800 shares over the past 30 days.

AmTrust Financial Services has a market cap of $1.55 billion and is part of the financial sector and insurance industry. Shares are up 15.8% year to date as of the close of trading on Thursday.

AmTrust Financial Services, Inc., through its subsidiaries, underwrites and provides property and casualty insurance in the United States and internationally. The company has a P/E ratio of 9.4, below the average insurance industry P/E ratio of 9.6 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates AmTrust Financial Services as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, attractive valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full AmTrust Financial Services Ratings Report.

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