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) -- American International Group (NYSE: AIG) hit a new 52-week high Wednesday as it is currently trading at $41.18, above its previous 52-week high of $40.74 with 808,955 shares traded as of 9:36 a.m. ET. Average volume has been 16.9 million shares over the past 30 days. American International Group has a market cap of $57 billion and is part of the financial sector and insurance industry. Shares are up 15.1% year to date as of the close of trading on Tuesday. American International Group, Inc. engages in the provision of insurance products and services for the commercial, institutional, and individual customers in the United States and internationally. The company operates in three segments: Chartis, SunAmerica Financial Group, and Aircraft Leasing. The company has a P/E ratio of 8.7, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates American International Group as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, poor profit margins and feeble growth in the company's earnings per share. You can view the full American International Group Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.