Zurich Insurance Group (OTCMKTS:ZURVY) Stock Crosses Above 50-Day Moving Average – Here’s What Happened

Zurich Insurance Group Ltd. (OTCMKTS:ZURVY) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $36.08 and traded as high as $38.04. Zurich Insurance Group shares last traded at $38.03, with a volume of 93,114 shares.

Wall Street Analyst Weigh In

Separately, Zacks Research cut shares of Zurich Insurance Group from a “hold” rating to a “strong sell” rating in a research report on Friday, December 5th. One analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Sell”.

Zurich Insurance Group Trading Down 0.3%

The business’s fifty day simple moving average is $36.08 and its two-hundred day simple moving average is $35.62.

Zurich Insurance Group Company Profile

Zurich Insurance Group is a global insurance company headquartered in Zurich, Switzerland, that provides a broad range of insurance and risk management products to individuals, small and medium-sized enterprises, large corporations and multinational clients. Founded in 1872, the company has grown into one of the world’s major insurers, offering both property & casualty and life insurance solutions alongside related services such as claims management and risk engineering.

Zurich’s core activities include general (non-life) insurance and life insurance products.