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

Zurich Insurance Group Ltd. (OTCMKTS:ZURVY) shares passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $35.92 and traded as low as $35.90. Zurich Insurance Group shares last traded at $36.25, with a volume of 125,499 shares traded.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on ZURVY. Zacks Research raised Zurich Insurance Group from a “strong sell” rating to a “hold” rating in a research report on Monday, January 5th. Kepler Capital Markets raised Zurich Insurance Group from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. Three equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce”.

Zurich Insurance Group Stock Performance

The company has a debt-to-equity ratio of 0.46, a quick ratio of 10.11 and a current ratio of 10.11. The business has a 50-day moving average price of $35.49 and a 200-day moving average price of $35.92.

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.