WR Berkley Stock Hits New 52-Week High (WRB)

NEW YORK ( TheStreet) -- WR Berkley (NYSE: WRB) hit a new 52-week high Tuesday as it is currently trading at $38.22, above its previous 52-week high of $38.19 with 74,897 shares traded as of 10:50 a.m. ET. Average volume has been 642,500 shares over the past 30 days.

WR Berkley has a market cap of $5.2 billion and is part of the financial sector and insurance industry. Shares are up 9.5% year to date as of the close of trading on Monday.

W. R. Berkley Corporation, an insurance holding company, operates as commercial lines writers in the property casualty insurance business primarily in the United States. The company operates in five segments: Specialty, Regional, Alternative Markets, Reinsurance, and International. The company has a P/E ratio of 13.1, equal to the average insurance industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates WR Berkley as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full WR Berkley Ratings Report.

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