Arthur J. Gallagher Reaches New 52-Week High (AJG)

NEW YORK ( TheStreet) -- Arthur J. Gallagher (NYSE: AJG) hit a new 52-week high Tuesday as it is currently trading at $37.75, above its previous 52-week high of $37.66 with 51,506 shares traded as of 10:09 a.m. ET. Average volume has been 670,600 shares over the past 30 days.

Arthur J. Gallagher has a market cap of $4.41 billion and is part of the financial sector and insurance industry. Shares are up 12.3% year to date as of the close of trading on Monday.

Arthur J. Gallagher & Co. and its subsidiaries provide insurance brokerage and risk management services to various commercial, industrial, institutional, and governmental organizations. It operates in two segments, Brokerage and Risk Management. The company has a P/E ratio of 29.4, equal to the average insurance industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Arthur J. Gallagher as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, reasonable valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Arthur J. Gallagher Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.

null

More from Markets

Oil Prices, China Tariffs, Micron and Kohl's - 5 Things You Must Know

Oil Prices, China Tariffs, Micron and Kohl's - 5 Things You Must Know

China to Slash Automobile Tariffs and 4 Other Stories You Must Know Tuesday

China to Slash Automobile Tariffs and 4 Other Stories You Must Know Tuesday

China Slashes Auto Import Tariffs as Trump's Trade Push Gets Big Early Win

China Slashes Auto Import Tariffs as Trump's Trade Push Gets Big Early Win

Micron Spikes After $10 Billion Buyback Plan Caps Bullish Q3 Earnings Forecast

Micron Spikes After $10 Billion Buyback Plan Caps Bullish Q3 Earnings Forecast

Global Stocks Push Higher as China Tariff Move, Softer US Dollar Boost Sentiment

Global Stocks Push Higher as China Tariff Move, Softer US Dollar Boost Sentiment