Assured Guaranty Reaches New 52-Week High (AGO)

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) -- Assured Guaranty (NYSE: AGO) hit a new 52-week high Tuesday as it is currently trading at $24.33, above its previous 52-week high of $24.28 with 359,019 shares traded as of 10:30 a.m. ET. Average volume has been 2.1 million shares over the past 30 days.

Assured Guaranty has a market cap of $4.66 billion and is part of the financial sector and insurance industry. Shares are up 69.3% year to date as of the close of trading on Monday.

Assured Guaranty Ltd., through its subsidiaries, provides credit protection products to public finance, infrastructure, and structured finance markets in the United States and internationally. The company has a P/E ratio of 9.7, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Assured Guaranty as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, notable return on equity, compelling growth in net income and reasonable valuation levels. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Assured Guaranty Ratings Report.

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