American Financial Group Reaches New 52-Week High (AFG)

NEW YORK ( TheStreet) -- American Financial Group (NYSE: AFG) hit a new 52-week high Thursday as it is currently trading at $38.98, above its previous 52-week high of $38.97 with 84,348 shares traded as of 12:03 p.m. ET. Average volume has been 362,900 shares over the past 30 days.

American Financial Group has a market cap of $3.74 billion and is part of the financial sector and insurance industry. Shares are up 5% year to date as of the close of trading on Wednesday.

American Financial Group, Inc., through its subsidiaries, engages in property and casualty insurance business in the United States. The company has a P/E ratio of 11.5, equal to the average insurance industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates American Financial Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, 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 American Financial Group Ratings Report.

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