Zurich Insurance Group (OTCMKTS:ZURVY) Share Price Crosses Below 200-Day Moving Average – Here’s What Happened

Zurich Insurance Group Ltd. (OTCMKTS:ZURVY) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $36.05 and traded as low as $34.0150. Zurich Insurance Group shares last traded at $34.03, with a volume of 256,091 shares changing hands.

Analysts Set New Price Targets

Separately, Zacks Research upgraded Zurich Insurance Group from a “strong sell” rating to a “hold” rating in a research report on Monday, January 5th. Two investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Zurich Insurance Group presently has an average rating of “Reduce”.

Zurich Insurance Group Stock Down 1.3%

The firm has a 50 day moving average of $36.22 and a 200-day moving average of $36.05.

About Zurich Insurance Group

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.