Morning Technical Insight on These Insurance Stocks -- Allstate, Loews, Heritage Insurance, and Everest Re
NEW YORK, Jan. 11, 2018 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on ALL, L, HRTG, and RE which can be accessed for free by signing up to www.wallstequities.com/registration. WallStEquities.com revisits the Property and Casualty Insurance industry, which is in the business of intermediating risk rather than financial assets and, as a part of this function, it must take on a good deal of business risk itself. Four stocks have been lined up for assessment this morning, and they are: The Allstate Corp. (NYSE: ALL), Loews Corp. (NYSE: L), Heritage Insurance Holdings Inc. (NYSE: HRTG), and Everest Re Group Ltd (NYSE: RE). All you have to do is sign up today for this free limited time offer by clicking the link below.
www.wallstequities.com/registration
Allstate
Northbrook, Illinois-based The Allstate Corp.'s shares saw a slight drop of 0.51%, finishing Wednesday's trading session at $100.43. A total volume of 2.48 million shares was traded, which was higher than their three months average volume of 1.90 million shares. In the previous three months and over the past year, the stock has advanced 7.61% and 36.18%, respectively. The Company's shares are trading above their 200-day moving average by 9.82%. Moreover, shares of Allstate, which together with its subsidiaries, engages in property-liability insurance and life insurance business in the US and Canada, have a Relative Strength Index (RSI) of 38.36.
On January 04th, 2018, Allstate announced three senior leadership promotions in preparation for the retirement of Matt Winter, President of the Company, in late February. These include the promotions of Steve Shebik to Vice Chairman of Allstate; Glenn Shapiro to President of Allstate Personal Lines; and Mario Rizzo to Executive Vice President and CFO of Allstate. Get the full research report on ALL for free by clicking below at:
www.wallstequities.com/registration/?symbol=ALL
Loews
On Wednesday, shares in New York headquartered Loews Corp. recorded a trading volume of 937,131 shares, and ended the session 0.16% higher at $51.21. The stock has gained 2.75% in the last month, 4.62% over the previous three months, and 10.20% over the past year. The Company's shares are trading 2.77% above their 50-day moving average and 6.71% above their 200-day moving average. Furthermore, shares of Loews', which through its subsidiaries, provides commercial property and casualty insurance in the US, Canada, the UK, Continental Europe, and Singapore, have an RSI of 67.97. To experience our free membership services anytime/ anywhere and access the free report on L, click to register at:
www.wallstequities.com/registration/?symbol=L
Heritage Insurance Holdings
Shares in Clearwater, Florida headquartered Heritage Insurance Holdings Inc. closed at $17.79, rising 3.67% from the last trading session. The stock recorded a trading volume of 255,155 shares. The Company's shares have gained 1.83% in the last month, 20.94% over the previous three months, and 13.17% over the past year. The stock is trading 3.06% and 28.89% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Heritage Insurance, which through its subsidiaries, provides personal and commercial residential insurance products, have an RSI of 54.65. Join our big investor community at Wall St. Equities today and get your free report on HRTG at:
www.wallstequities.com/registration/?symbol=HRTG
Everest Re Group
Hamilton, Bermuda headquartered Everest Re Group Ltd's stock ended 1.39% higher at $219.97 with a total trading volume of 394,343 shares. The Company's shares have advanced 3.62% in the last month and 0.25% over the past year. The stock is trading below its 50-day moving average by 1.11%. Furthermore, shares of Everest Re, which through its subsidiaries, provides reinsurance and insurance products, have an RSI of 49.28.
On January 05th, 2018, Everest Re announced that Jonathan M. Zaffino has been named President and CEO of the Everest Insurance® Division, effective immediately. Mr. Zaffino joined the Company in 2015 and most recently held the position of President of the North America Insurance Division. In his new role, he will be responsible for planning and executing on the worldwide insurance division's business strategies and will assume oversight for the newly formed Everest Insurance Company of Ireland and the Everest Lloyd's Syndicate operations. Know more about RE in our free research coverage at:
www.wallstequities.com/registration/?symbol=RE
--
Wall St. Equities:
Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
WSE has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
WSE, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
https://wallstequities.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Wall St. Equities
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article