Arch Capital Group (ACGL) Hits New Lifetime High Today

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.

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

  • ACGL has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $25.1 million.
  • ACGL has traded 133,987 shares today.
  • ACGL is trading at a new lifetime high.

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More details on ACGL:

Arch Capital Group Ltd., through its subsidiaries, provides property, casualty, and mortgage insurance and reinsurance products worldwide. ACGL has a PE ratio of 1. Currently there are 5 analysts that rate Arch Capital Group a buy, no analysts rate it a sell, and 5 rate it a hold.

The average volume for Arch Capital Group has been 462,400 shares per day over the past 30 days. Arch Capital Group has a market cap of $8.1 billion and is part of the financial sector and insurance industry. The stock has a beta of 0.86 and a short float of 1.4% with 3.64 days to cover. Shares are up 11.1% year-to-date as of the close of trading on Friday.

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