Aflac Reaches New 52-Week High (AFL)

NEW YORK ( TheStreet) -- Aflac (NYSE: AFL) hit a new 52-week high Thursday as it is currently trading at $58.87, above its previous 52-week high of $58.75 with 74,493 shares traded as of 9:35 a.m. ET. Average volume has been 2.9 million shares over the past 30 days.

Aflac has a market cap of $27.28 billion and is part of the financial sector and insurance industry. Shares are up 10.1% year to date as of the close of trading on Wednesday.

Aflac Incorporated, through its subsidiary, American Family Life Assurance Company of Columbus, provides supplemental health and life insurance products.

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

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