Travelers Companies Reaches 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 Friday as it is currently trading at $74.76, above its previous 52-week high of $74.70 with 407,499 shares traded as of 11:10 a.m. ET. Average volume has been 2.6 million shares over the past 30 days.

Travelers Companies has a market cap of $28.2 billion and is part of the financial sector and insurance industry. Shares are up 3% year to date as of the close of trading on Thursday.

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 10.6, below the S&P 500 P/E ratio of 17.7.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

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

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

Holiday Special: Subscribe to Action Alerts PLUS to see how Jim Cramer trades his $2.5 Million+ portfolio for 51% off the list price. Your first 14-days are FREE: Sign up today to get e-mail alerts before every trade.
null

If you liked this article you might like

Dow Closes Wild Tuesday on Sour Note

Dow Closes Wild Tuesday on Sour Note

Stocks Trade Mixed, Nasdaq Hits Record as Netflix Soars

Stocks Trade Mixed, Nasdaq Hits Record as Netflix Soars

President Trump's Trade War Begins

President Trump's Trade War Begins

Netflix, Procter & Gamble, Whirlpool and Fox - 5 Things You Must Know

Netflix, Procter & Gamble, Whirlpool and Fox - 5 Things You Must Know