Financial Equities - Movers & Shakers -- Research on Progressive, MGIC Investment, Hartford Financial Services Group and XL Group

LONDON, March 19, 2014 /PRNewswire/ --

On Tuesday, March 18, 2014, the NASDAQ Composite finished at 4,333.31, up 1.25%. The Dow Jones Industrial Average closed the session at 16,336.19, up 0.55% and the S&P 500 ended the day at 1,872.25, higher by 0.72%. The gains were broad based with 9 of 10 sectors ended the session in positive. The S&P 500 Financials Sector Index closed the day at 297.79, up 0.48%, and the same has gained 2.09% in the last one month. Investor-Edge has initiated coverage on the following equities: The Progressive Corp. (NYSE: PGR), MGIC Investment Corp. (NYSE: MTG), The Hartford Financial Services Group Inc. (NYSE: HIG) and XL Group PLC (NYSE: XL). Free technical research on PGR, MTG, HIG and XL can be downloaded upon signing up at:

http://www.investor-edge.com/331-register

On Tuesday, The Progressive Corp.'s stock edged 0.34% lower, finishing the session at $23.65. The stock recorded trading volume of 1.77 million shares as compared to a three months average volume of 3.96 million shares. The stock fluctuated between $23.64 and $23.83 during the session. The company's shares traded at a PE ratio of 14.89. The Progressive Corp.'s shares have gained 1.07% in the previous three trading session, while the same has fallen by 0.92% in the last one month, and 9.55% on YTD basis. The company's shares are trading below its 50-day and 200-day moving averages. The Progressive Corp.'s 200-day moving average of $24.86 is above the 50-day moving average of $24.00. Moreover, the stock is trading at the Relative Strength Index (RSI) of 45.19. Sign up today to read free research on PGR at:

http://www.investor-edge.com/331-PGR-19Mar2014.pdf

Shares in MGIC Investment Corp. recorded a trading volume of 4.44 million shares, as compared with a three months average volume of 5.85 million shares. The stock ended the day at $8.85, up 1.61% and at an intraday range of $8.67 and $8.96. MGIC Investment Corp.'s shares have declined 2.64% in the last one month, while the same has advanced 2.55% in the previous three trading sessions and 4.86% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. MGIC Investment Corp.'s 50-day moving average of $8.76 is above the 200-day moving average of $7.70. Furthermore, the stock is trading at the Relative Strength Index (RSI) of 46.26. Sign up today to read free research on MTG at:

http://www.investor-edge.com/331-MTG-19Mar2014.pdf

On Tuesday, shares in The Hartford Financial Services Group Inc. declined 0.34% to close the day at $35.09. A total of 5.21 million shares were traded, which is above the three months average volume of 3.97 million. The company's shares oscillated between $34.94 and $35.40 during the trading session. The stock is trading at a PE ratio of 9.90. The Hartford Financial Services Group Inc. shares have gained 0.43% in the previous three trading session and 0.75% in the last one month, while the same has declined 3.15% on YTD basis. The company's shares are trading above its 50-day and 200-day moving averages. The Hartford Financial Services Group Inc.'s 50-day moving average of $34.71 is above the 200-day moving average of $33.00. Furthermore, the stock is trading at the Relative Strength Index (RSI) of 51.91. Sign up today to read free research on HIG at:

http://www.investor-edge.com/331-HIG-19Mar2014.pdf

XL Group PLC's stock recorded a trading volume of 1.22 million shares, as compared with a three months average volume of 2.05 million shares. The stock ended the day at $30.46, up 0.53% after vacillating between $30.33 and $30.55. Shares of the company traded at a PE ratio of 9.47. XL Group PLC's stocks have gained 1.80% in the previous three trading sessions, 3.57% in the last one month, while the same has declined 4.33% on YTD basis. The company's shares are trading above its 50-day moving average. XL Group PLC.'s 200-day moving average of $30.72 is above the 50-day moving average of $29.68. Additionally, shares of the company are trading at the Relative Strength Index (RSI) of 55.40. Sign up today to read free research on XL at:

http://www.investor-edge.com/331-XL-19Mar2014.pdf

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EDITOR'S NOTES:
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1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

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