Chubb Reaches New 52-Week High (CB)

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) -- Chubb (NYSE: CB) hit a new 52-week high Tuesday as it is currently trading at $78.61, above its previous 52-week high of $78.55 with 642,586 shares traded as of 12 p.m. ET. Average volume has been 1.2 million shares over the past 30 days.

Chubb has a market cap of $20.47 billion and is part of the financial sector and insurance industry. Shares are up 12.1% year to date as of the close of trading on Monday.

The Chubb Corporation, through its subsidiaries, provides property and casualty insurance to businesses and individuals. It offers personal insurance products, such as automobile, homeowners, and other personal coverage products, as well as supplemental accident and health insurance products. The company has a P/E ratio of 12.9, 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 Chubb as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Chubb Ratings Report.

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