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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 Thursday as it is currently trading at $59.81, above its previous 52-week high of $59.75 with 481,648 shares traded as of 3:57 p.m. ET. Average volume has been 553,300 shares over the past 30 days. Torchmark has a market cap of $5.54 billion and is part of the financial sector and insurance industry. Shares are up 14.8% year to date as of the close of trading on Wednesday. Torchmark Corporation, through its subsidiaries, provides various life and health insurance products, and annuities in the United States, Canada, and New Zealand. The company operates in three segments: Life Insurance, Health Insurance, and Annuities. The company has a P/E ratio of 11, below the S&P 500 P/E ratio of 17.7.