Torchmark Reaches New 52-Week High (TMK)

NEW YORK ( TheStreet) -- Torchmark Corporation (NYSE: TMK) hit a new 52-week high Tuesday as it is currently trading at $69.59, above its previous 52-week high of $69.54 with 5,475 shares traded as of 9:31 a.m. ET. Average volume has been 492,900 shares over the past 30 days.

Torchmark has a market cap of $6.4 billion and is part of the financial sector and insurance industry. Shares are up 34% year to date as of the close of trading on Monday.

Torchmark Corporation, through its subsidiaries, provides various life and health insurance products, and annuities in the United States, Canada, and New Zealand. The company operates in three segments: Life Insurance, Health Insurance, and Annuities.

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TheStreet Ratings rates Torchmark as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, increase in net income, solid stock price performance 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 Torchmark Ratings Report.

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