Pre-Market Technical Recap on Insurance Stocks -- AmTrust Financial Services, Chubb, Radian, and Travelers Cos.
NEW YORK, October 19, 2017 /PRNewswire/ --
If you want a Stock Review on AFSI, CB, RDN, or TRV then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. A soft performance from the Insurance industry will drag the Finance sector's Q3 results, Zacks reported. As per the research firm's Earnings Outlook, earnings are estimated to decline 45.1% on 0.7% lower revenues. Ahead of today's trading session, DailyStockTracker.com revisits the Property and Casualty (P&C) Insurance space to see how select stocks have performed at the close of the last trading session: AmTrust Financial Services Inc. (NASDAQ: AFSI), Chubb Ltd (NYSE: CB), Radian Group Inc. (NYSE: RDN), and The Travelers Cos. Inc. (NYSE: TRV). Daily Stock Tracker provides great insights on these stocks in its free research reports at: http://dailystocktracker.com/register/
AmTrust Financial Services
New York-based AmTrust Financial Services Inc.'s stock finished Wednesday's session 2.20% higher at $13.91 with a total trading volume of 603,158 shares. Over the last month, the Company's shares have advanced 7.91%. The stock is trading above its 50-day moving average by 4.70%. Moreover, shares of the Company, which through its subsidiaries, underwrites and provides property and casualty insurance in the US and internationally, have a Relative Strength Index (RSI) of 58.10.
On October 16th, 2017, AmTrust Financial Services announced plans to release its Q3 2017 results after the market closes on November 08th, 2017. At 5:30 p.m. ET that same day, Chairman and CEO Barry Zyskind and EVP and CFO Adam Karkowsky will review results and discuss business conditions and outlook via a conference call. Free research report on AFSI is available at: http://dailystocktracker.com/registration/?symbol=AFSI
Chubb
Shares in Zurich, Switzerland headquartered Chubb Ltd rose 0.69%, ending yesterday's session at $151.11 with a total trading volume of 941,377 shares. The stock has gained 5.33% in the past month, 3.06% in the previous three months, and 14.37% on an YTD basis. The Company's shares are trading 4.64% above their 50-day moving average and 7.61% above their 200-day moving average. Moreover, shares of Chubb, which through its subsidiaries, provides insurance and reinsurance products worldwide, have an RSI of 68.46.
On October 17th, 2017, Chubb announced that its President of North America Commercial and Personal Insurance, Paul Krump, has been recognized with Tri-County Scholarship Fund's annual "Hall of Fame" award for his leadership and commitment to helping provide educational opportunities for young people. The award will be presented during the Tri-County Scholarship Fund's 36th Annual Gala Awards Dinner to be held on November 06th, 2017, at the Hanover Marriott in Parsipanny, New Jersey. The complimentary research report on CB can be downloaded at: http://dailystocktracker.com/registration/?symbol=CB
Radian Group
On Wednesday, Philadelphia, Pennsylvania headquartered Radian Group Inc.'s stock climbed 1.11%, to close the day at $20.11. A total volume of 1.91 million shares was traded, which was above their three months average volume of 1.32 million shares. The Company's shares have advanced 15.18% in the last one month, 15.84% in the previous three months, and 11.85% on an YTD basis. The stock is trading 13.42% and 13.43% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Radian, which through its subsidiaries, provides mortgage and real estate products and services in the US, have an RSI of 78.24.
On October 12th, 2017, Radian announced that it will hold a conference call on October 26th, 2017, at 10:00 a.m. ET to discuss its Q3 2017 results, which will be announced prior to the market open on the same day. Visit DailyStockTracker.com today and access our complete research report on RDN at: http://dailystocktracker.com/registration/?symbol=RDN
Travelers Cos.
Shares in New York-based The Travelers Cos. Inc. ended the day 1.06% higher at $130.02. A total volume of 1.99 million shares was traded, which was above their three months average volume of 1.57 million shares. The stock has gained 7.83% in the last one month, 4.38% in the previous three months, and 6.21% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 4.76% and 5.79%, respectively. Furthermore, shares of Travelers Cos. have an RSI of 71.44.
On October 09th, 2017, Travelers Cos. announced that considering the active and devastating storm season, it is increasing the $500,000 already committed for hurricane relief efforts by $100,000. These additional funds will primarily go to those affected in Puerto Rico to help them recover from Hurricane Maria, with contributions being made to Fondos Unidos de Puerto Rico and Team Rubicon.
On October 16th, 2017, research firm Keefe Bruyette upgraded the Company's stock rating from 'Market Perform' to 'Outperform'. Get free access to your research report on TRV at: http://dailystocktracker.com/registration/?symbol=TRV
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