Assurant (NYSE:AIZ) hit a new 52-week high Tuesday as it is currently trading at $43.89, above its previous 52-week high of $43.65 with 548,744 shares traded as of 3:36 p.m. ET. Average volume has been 888,900 shares over the past 30 days.
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) -- Assurant (NYSE: AIZ) hit a new 52-week high Tuesday as it is currently trading at $43.89, above its previous 52-week high of $43.65 with 548,744 shares traded as of 3:36 p.m. ET. Average volume has been 888,900 shares over the past 30 days. Assurant has a market cap of $3.38 billion and is part of the financial sector and insurance industry. Shares are up 23.5% year to date as of the close of trading on Monday. Assurant, Inc., through its subsidiaries, provides specialized insurance products and related services in the North America and internationally. It operates in four segments: Assurant Solutions, Assurant Specialty Property, Assurant Health, and Assurant Employee Benefits. The company has a P/E ratio of 7.6, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Assurant 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 and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Assurant Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.