Travelers Companies Reaches New 52-Week High (TRV)

NEW YORK ( TheStreet) -- Travelers Companies (NYSE: TRV) hit a new 52-week high Thursday as it is currently trading at $64.21, above its previous 52-week high of $64.17 with 1.6 million shares traded as of 1:05 p.m. ET. Average volume has been 3.1 million shares over the past 30 days.

Travelers Companies has a market cap of $24.65 billion and is part of the financial sector and insurance industry. Shares are up 7.8% year to date as of the close of trading on Wednesday.

The Travelers Companies, Inc., through its subsidiaries, provides various commercial and personal property and casualty insurance products and services to businesses, government units, associations, and individuals primarily in the United States. The company has a P/E ratio of 18.4, below the average insurance industry P/E ratio of 18.6 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Travelers Companies 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, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Travelers Companies Ratings Report.

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