New Lifetime High Reached By Torchmark (TMK)

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

  • TMK has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $44.1 million.
  • TMK has traded 12,509 shares today.
  • TMK is trading at a new lifetime high.

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More details on TMK:

Torchmark Corporation, through its subsidiaries, provides various life and health insurance products, and annuities in the United States, Canada, and New Zealand. It operates through Life Insurance, Health Insurance, Medicare Part D, and Annuities segments. The stock currently has a dividend yield of 0.9%. TMK has a PE ratio of 14. Currently there are no analysts that rate Torchmark a buy, 3 analysts rate it a sell, and 9 rate it a hold.

The average volume for Torchmark has been 674,400 shares per day over the past 30 days. Torchmark has a market cap of $7.3 billion and is part of the financial sector and insurance industry. The stock has a beta of 1.11 and a short float of 2.9% with 5.91 days to cover. Shares are up 6.8% year-to-date as of the close of trading on Thursday.

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