This Morning's Technical Outlook on Insurance Stocks -- Universal Insurance, Hartford Financial Services, RenaissanceRe, and Validus
NEW YORK, Jan. 8, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on UVE, HIG, RNR, and VR which can be accessed for free by signing up to http://www.wallstequities.com/registration. On Friday, benchmark US indices were in bullish colors as the NASDAQ Composite closed the trading session up 0.83%; the Dow Jones Industrial Average edged 0.88% higher; and the S&P 500 was up 0.70%. US markets made broad based gains with eight out of nine sectors finishing the day in green. Pre-market today, WallStEquities.com reviews these four Property & Casualty Insurance stocks: Universal Insurance Holdings Inc. (NYSE: UVE), The Hartford Financial Services Group Inc. (NYSE: HIG), RenaissanceRe Holdings Ltd (NYSE: RNR), and Validus Holdings Ltd (NYSE: VR). All you have to do is sign up today for this free limited time offer by clicking the link below. http://www.wallstequities.com/registration
Universal Insurance Holdings
Fort Lauderdale, Florida-based Universal Insurance Holdings Inc.'s stock finished Friday's session 3.80% higher at $28.65. A total volume of 302,738 shares was traded, which was above its three months average volume of 222.65 thousand shares. The Company's shares have advanced 23.83% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 12.05% and 19.02%, respectively. Furthermore, shares of Universal Insurance, which through its subsidiaries, provides various property and casualty insurance products in the US, have a Relative Strength Index (RSI) of 75.13. Get the full research report on UVE for free by clicking below at: http://www.wallstequities.com/registration/?symbol=UVE
Hartford Financial Services Group
Shares in Connecticut headquartered The Hartford Financial Services Group Inc. ended at $55.16, down 0.43% from the last trading session. The stock recorded a trading volume of 1.13 million shares. The Company's shares have gained 14.08% in the last twelve months. The stock is trading above its 200-day moving average by 3.99%. Moreover, shares of the Company, which through its subsidiaries, provides insurance and financial services to individual and business customers in the US, have an RSI of 44.78.
On December 20th, 2017, research firm Citigroup initiated a 'Neutral' rating on the Company's stock, with a target price of $59 per share. HIG's complimentary research coverage is a few simple steps away at: http://www.wallstequities.com/registration/?symbol=HIG
RenaissanceRe Holdings
Pembroke, Bermuda headquartered RenaissanceRe Holdings Ltd's stock ended last Friday's session 0.33% lower at $123.98 with a total trading volume of 254,088 shares. The stock is trading below its 50-day moving average by 6.28%. Additionally, shares of RenaissanceRe, which together with its subsidiaries, provides reinsurance and insurance coverages and related services in the US and internationally, have an RSI of 37.56. Are you already registered with Wall St. Equities? Do so now for free, and get the report on RNR at: http://www.wallstequities.com/registration/?symbol=RNR
Validus Holdings
On Friday, shares in Pembroke, Bermuda-based Validus Holdings Ltd recorded a trading volume of 431,338 shares. The stock finished the day 0.62% lower at $46.20. The stock is trading below its 50-day moving average by 5.64%. Furthermore, shares of Validus, which provides reinsurance coverage, insurance coverage, and insurance linked securities management services worldwide, have an RSI of 38.81.
On January 04th, 2018, research firm Keefe Bruyette upgraded the Company's stock rating from 'Market Perform' to 'Outperform'. Aspiring Member, please take a moment to register below for your free research report on VR at: http://www.wallstequities.com/registration/?symbol=VR
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