Zurich Insurance Group (OTCMKTS:ZURVY) Shares Cross Above Fifty Day Moving Average – Time to Sell?

Zurich Insurance Group AG (OTCMKTS:ZURVYGet Free Report) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $30.39 and traded as high as $30.40. Zurich Insurance Group shares last traded at $30.19, with a volume of 113,871 shares changing hands.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on ZURVY. The Goldman Sachs Group upgraded Zurich Insurance Group to a “hold” rating in a research note on Wednesday, September 18th. BNP Paribas cut Zurich Insurance Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 3rd. Finally, UBS Group cut Zurich Insurance Group from a “hold” rating to a “strong sell” rating in a report on Thursday, December 19th.

Read Our Latest Stock Analysis on ZURVY

Zurich Insurance Group Stock Performance

The company’s fifty day moving average price is $30.39 and its two-hundred day moving average price is $37.28.

Zurich Insurance Group Company Profile

(Get Free Report)

Zurich Insurance Group AG, together with its subsidiaries, provides insurance products and related services in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific. The company operates through Property & Casualty Regions, Life Regions, Farmers, Group Functions and Operations, and Non-Core Businesses segments.

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