Aspen Stock Hits New 52-Week High (AHL)

NEW YORK ( TheStreet) -- Aspen Insurance Holdings (NYSE: AHL) hit a new 52-week high Friday as it is currently trading at $29.18, above its previous 52-week high of $29.10 with 2,211 shares traded as of 9:30 a.m. ET. Average volume has been 356,000 shares over the past 30 days.

Aspen has a market cap of $2.01 billion and is part of the financial sector and insurance industry. Shares are up 6.9% year to date as of the close of trading on Thursday.

Aspen Insurance Holdings Limited provides insurance and reinsurance solutions worldwide. The company's Reinsurance segment offers property catastrophe reinsurance; and other property reinsurance, including risk excess, pro rata, risk solutions, and facultative reinsurance.

TheStreet Ratings rates Aspen 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 and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Aspen Ratings Report.

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