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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) -- Torchmark Corporation (NYSE: TMK) hit a new 52-week high Wednesday as it is currently trading at $59.38, above its previous 52-week high of $58.88 with 373,918 shares traded as of 3:57 p.m. ET. Average volume has been 594,000 shares over the past 30 days. Torchmark has a market cap of $5.51 billion and is part of the financial sector and insurance industry. Shares are up 13.7% year to date as of the close of trading on Tuesday. Torchmark Corporation, an insurance holding company, provides individual life and supplemental health insurance, and annuities, to middle income households in the United States. The company has a P/E ratio of 10.9, below the S&P 500 P/E ratio of 17.7.