Reinsurance Group Of America Reaches New 52-Week High (RGA)
Reinsurance Group of America (NYSE:RGA) hit a new 52-week high Thursday as it is currently trading at $67.72, above its previous 52-week high of $67.55 with 7,328 shares traded as of 9:36 a.m. ET. Average volume has been 520,900 shares over the past 30 days.
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) -- Reinsurance Group of America (NYSE: RGA) hit a new 52-week high Thursday as it is currently trading at $67.72, above its previous 52-week high of $67.55 with 7,328 shares traded as of 9:36 a.m. ET. Average volume has been 520,900 shares over the past 30 days. Reinsurance Group of America has a market cap of $4.82 billion and is part of the financial sector and insurance industry. Shares are up 25.9% year to date as of the close of trading on Wednesday. Reinsurance Group of America, Incorporated engages in the life and health reinsurance business. The company has a P/E ratio of 7.1, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Reinsurance Group of America 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 attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Reinsurance Group of America Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center. 3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more..