NEW YORK ( TheStreet) -- AmTrust Financial Services (Nasdaq: AFSI) hit a new 52-week high Thursday as it is currently trading at $29.28, above its previous 52-week high of $29.27 with 641,444 shares traded as of 3:04 p.m. ET. Average volume has been 248,900 shares over the past 30 days. AmTrust Financial Services has a market cap of $1.75 billion and is part of the financial sector and insurance industry. Shares are up 22.3% year to date as of the close of trading on Wednesday. AmTrust Financial Services, Inc., through its subsidiaries, underwrites and provides property and casualty insurance in the United States and internationally. The company has a P/E ratio of 11.1, above the average insurance industry P/E ratio of 10.8 and below the S&P 500 P/E ratio of 17.7.
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