Travelers Companies Stock Hits New 52-Week High (TRV)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Travelers Companies (NYSE: TRV) hit a new 52-week high Tuesday as it is currently trading at $70.54, above its previous 52-week high of $70 with 219,499 shares traded as of 9:46 a.m. ET. Average volume has been 2.2 million shares over the past 30 days.

Travelers Companies has a market cap of $26.48 billion and is part of the financial sector and insurance industry. Shares are up 17.9% year to date as of the close of trading on Monday.

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 12.4, equal to the average insurance industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Travelers Companies as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. 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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