NEW YORK ( TheStreet) -- Chubb (NYSE: CB) hit a new 52-week high Thursday as it is currently trading at $72.10, above its previous 52-week high of $71.76 with 337,503 shares traded as of 10 a.m. ET. Average volume has been 1.9 million shares over the past 30 days. Chubb has a market cap of $18.79 billion and is part of the financial sector and insurance industry. Shares are up 2.9% year to date as of the close of trading on Wednesday. The Chubb Corporation, through its subsidiaries, provides property and casualty insurance to businesses and individuals. It offers personal insurance products, such as automobile, homeowners, and other personal coverage products, as well as supplemental accident and health insurance products. The company has a P/E ratio of 12.4, above the average insurance industry P/E ratio of 12.1 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Chubb 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, attractive valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Chubb Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.