Property and Casualty Insurance Stocks under Review -- Research on Progressive, Allstate, Axis Capital Holdings, and Cincinnati Financial

LONDON, June 19, 2014 /PRNewswire/ --

The trading session on Wednesday, June 18, 2014 ended on a higher note as the Dow Jones Industrial Average finished at 16,906.62, up 0.58% and the NASDAQ Composite closed at 4,362.84, up 0.59%. The S&P 500 finished the day 0.77% higher at 1,956.98. The gains were broad based as all the ten sectors finished on a positive note. The S&P 500 Financials Sector Index finished the day 0.65% higher at 307.38, and the index has advanced 5.07% in the previous one month. Investor-Edge has initiated coverage on the following equities: The Progressive Corp. (NYSE: PGR), The Allstate Corp. (NYSE: ALL), Axis Capital Holdings Ltd (NYSE: AXS) and Cincinnati Financial Corp. (NASDAQ: CINF). Free technical research on PGR, ALL, AXS and CINF can be downloaded upon signing up at:

http://www.investor-edge.com/3970-register

On Wednesday, shares in The Progressive Corp. gained 0.47%, closing the session at $25.62. A total of 2.24 million shares were traded, which was below its three months average volume of 4.06 million shares. The stock moved between $25.35 and $25.65 during the session. Shares in The Progressive Corp. have gained 1.30% in the previous three trading sessions and 1.03% in the last one month. However, the company's shares have declined 2.02% from the beginning of 2014. The company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $24.69 is below its 200-day moving average of $24.91. Furthermore, The Progressive Corp.'s stock traded at a PE ratio of 16.27 and has a Relative Strength Index (RSI) of 64.16. Sign up today to read free research on PGR at:

http://www.investor-edge.com/3970-PGR-19Jun2014.pdf

Shares in The Allstate Corp. recorded a trading volume of 2.97 million shares, above its three months average volume of 2.29 million shares. On Wednesday, the stock finished the day at $59.16, which was 0.08% lower its previous day's closing of $59.21, and registered an intraday range of $58.89 and $59.46. Shares of the company traded at a PE ratio of 10.42. Shares in The Allstate Corp. have advanced 0.25% in the previous three trading sessions and 2.46% in the last one month. Additionally, the company's shares are up 8.47% on YTD basis. Shares in The Allstate Corp. are trading above their 50-day and 200-day moving averages of $57.53 and $54.22, respectively. Further, the company's stock has an RSI of 62.78. Sign up today to read free research on ALL at:

http://www.investor-edge.com/3970-ALL-19Jun2014.pdf

On Wednesday, shares in Axis Capital Holdings Ltd edged 0.11% higher, closing the day at $46.19. The stock recorded a trading volume of 0.26 million shares, below its three months average volume of 0.64 million shares. The company's stock oscillated between $45.84 and $46.24 during the session. Shares in Axis Capital Holdings Ltd have gained 0.76% in the previous three trading sessions and 2.90% in the last one month, while the shares have fallen by 2.90% since the start of this year. Axis Capital Holdings Ltd's shares are trading above their 50-day and 200-day moving averages of $45.89 and $45.70, respectively. Additionally, the company's stock traded at a PE ratio of 9.58 and has an RSI of 53.19. Sign up today to read free research on AXS at:

http://www.investor-edge.com/3970-AXS-19Jun2014.pdf

Cincinnati Financial Corp.'s stock fluctuated between $48.28 and $48.80 before ending Wednesday's session 0.33% higher at $48.73. The company's stock reported a trading volume of 0.50 million shares, which was near its three months average volume of 0.60 million shares. Shares of the company traded at a PE ratio of 19.65. Cincinnati Financial Corp.'s stock has advanced 0.70% in the last one month. However, the company's stock has declined 0.33% over the previous three trading sessions and 6.95% on YTD basis. Cincinnati Financial Corp.'s stock is trading above its 50-day moving average. The stock's 50-day moving average of $48.68 is below its 200-day moving average of $48.91. Moreover, the company's shares have an RSI of 45.87. Sign up today to read free research on CINF at:

http://www.investor-edge.com/3970-CINF-19Jun2014.pdf


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