Primerica Reaches New 52-Week High (PRI)

NEW YORK ( TheStreet) -- Primerica (NYSE: PRI) hit a new 52-week high Monday as it is currently trading at $25.88, above its previous 52-week high of $25.87 with 29,675 shares traded as of 11:56 a.m. ET. Average volume has been 346,500 shares over the past 30 days.

Primerica has a market cap of $1.84 billion and is part of the financial sector and insurance industry. Shares are up 10.4% year to date as of the close of trading on Friday.

Primerica, Inc., together with its subsidiaries, engages in the distribution of financial products on behalf of third parties to middle income households in the United States and Canada. The company has a P/E ratio of 10.9, above the average insurance industry P/E ratio of 10 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Primerica as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including poor profit margins, deteriorating net income and disappointing return on equity. You can view the full Primerica Ratings Report.

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