Zurich Insurance Group (OTCMKTS:ZURVY) Stock Passes Below 200 Day Moving Average – Here’s Why

Zurich Insurance Group Ltd. (OTCMKTS:ZURVY) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $35.93 and traded as low as $33.91. Zurich Insurance Group shares last traded at $34.19, with a volume of 187,552 shares.

Wall Street Analyst Weigh In

Several analysts have issued reports on ZURVY shares. Kepler Capital Markets raised shares of Zurich Insurance Group from a “strong sell” rating to a “hold” rating in a report on Monday, March 16th. Zacks Research raised shares of Zurich Insurance Group from a “strong sell” rating to a “hold” rating in a research note on Monday, January 5th. Three research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce”.

Zurich Insurance Group Trading Down 0.6%

The business has a 50 day moving average of $35.65 and a 200 day moving average of $35.93. The company has a debt-to-equity ratio of 0.46, a quick ratio of 10.11 and a current ratio of 10.11.

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.