Arch Capital Group Reaches New 52-Week High (ACGL)

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) -- Arch Capital Group (Nasdaq: ACGL) hit a new 52-week high Tuesday as it is currently trading at $54.56, above its previous 52-week high of $54.12 with 220,310 shares traded as of 2:34 p.m. ET. Average volume has been 573,600 shares over the past 30 days.

Arch Capital Group has a market cap of $7.15 billion and is part of the financial sector and insurance industry. Shares are up 22.1% year to date as of the close of trading on Monday.

Arch Capital Group Ltd., through its subsidiaries, provides insurance and reinsurance solutions worldwide. It operates in two segments, Insurance and Reinsurance. The company has a P/E ratio of 11.3, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Arch Capital Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, compelling growth in net income, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Arch Capital Group Ratings Report.

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