Hartford Financial Services Group Stock Hits New 52-Week High (HIG)

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) -- Hartford Financial Services Group (NYSE: HIG) hit a new 52-week high Tuesday as it is currently trading at $28.26, above its previous 52-week high of $28.12 with 1.4 million shares traded as of 9:46 a.m. ET. Average volume has been 6.7 million shares over the past 30 days.

Hartford Financial Services Group has a market cap of $12.03 billion and is part of the financial sector and insurance industry. Shares are up 20.9% year to date as of the close of trading on Monday.

The Hartford Financial Services Group, Inc., through its subsidiaries, provides insurance and financial services to individual and business customers primarily in the United States and Japan. The company has a P/E ratio of 41.8, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Hartford Financial Services Group as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full Hartford Financial Services Group Ratings Report.

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