Everest Re Group (RE) Reaches New Lifetime High Today

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Trade-Ideas LLC identified Everest Re Group ( RE) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Everest Re Group as such a stock due to the following factors:

  • RE has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $44.5 million.
  • RE has traded 3,400 shares today.
  • RE is trading at a new lifetime high.

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More details on RE:

Everest Re Group, Ltd., through its subsidiaries, provides reinsurance and insurance products. It operates through the U.S. Reinsurance, Insurance, International, Bermuda, and Mt. Logan Re segments. The U.S. The stock currently has a dividend yield of 1.8%. RE has a PE ratio of 6.6. Currently there is 1 analyst that rates Everest Re Group a buy, no analysts rate it a sell, and 7 rate it a hold.

The average volume for Everest Re Group has been 316,700 shares per day over the past 30 days. Everest Re Group has a market cap of $7.5 billion and is part of the financial sector and insurance industry. The stock has a beta of 0.61 and a short float of 3.5% with 6.11 days to cover. Shares are up 5.1% year-to-date as of the close of trading on Friday.

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