NEW YORK ( TheStreet) -- ACE (NYSE: ACE) hit a new 52-week high Thursday as it is currently trading at $74.84, above its previous 52-week high of $74.56 with 2.5 million shares traded as of 3:40 p.m. ET. Average volume has been 1.8 million shares over the past 30 days. ACE has a market cap of $24.47 billion and is part of the financial sector and insurance industry. Shares are up 4.1% year to date as of the close of trading on Wednesday. ACE Limited, through its subsidiaries, provides a range of insurance and reinsurance products to insureds worldwide. The company has a P/E ratio of 11, below the average insurance industry P/E ratio of 15.5 and below the S&P 500 P/E ratio of 17.7.
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