Technical Briefing: Radian Group, MBIA, Allstate, and PartnerRe
LONDON, July 1, 2013 /PRNewswire/ --
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On Friday, June 28, 2013, shares in property & casualty insurance companies ended on a mixed note as the broader market struggled. The major movers in the industry included Radian Group Inc. (NYSE: RDN), MBIA Inc. (NYSE: MBI), The Allstate Corporation (NYSE: ALL), and Partnerre Ltd. (NYSE: PRE). All these companies are tracked by AAAResearchReports.com. Free technical research reports on RDN, MBI, ALL, and PRE can be accessed by signing up at:
Shares in Radian Group Inc. fell sharply on Friday, reversing some of their gains from previous trading sessions. The company's shares ended the day 3.01% lower at $11.62 after oscillating between $11.60 and $11.93. A total of 8.37 million shares were traded which is above the daily average volume of 7.54 million. The stock is now up 2.20% in the last three sessions. In the second quarter of 2013, the company's shares gained 8.50%, thus outperforming the S&P 500. Download free report on RDN upon registration at:
MBIA Inc.'s stock fluctuated between gains and losses on Friday before finishing the day flat. The company's shares closed at $13.31 after oscillating between $12.88 and $13.40. A total of 2.20 million shares were traded which is below the daily average volume of 3.64 million. The stock has gained 4.07% in the last three trading sessions, and 29.60% in the second quarter of 2013, thus outperforming the S&P 500. Moreover, the stock is trading slightly above its 50-day moving average. MBI technical report can be accessed for free by signing up at:
Shares in The Allstate Corporation edged lower on Friday, reversing some of their recent gains. The company's shares ended the day 0.37% lower at $48.12 after fluctuating between $48.10 and $48.57. A total of 3.73 million shares were traded which is slightly below the daily average volume of 3.91 million. The company's shares have now gained 2.65% in the last three trading sessions. Despite the recent gains, the stock fell 1.94% in the second quarter of 2013. A free report on ALL can be accessed by registering at:
Partnerre Ltd's stock ended slightly higher on Friday, extending its gains from previous trading sessions. The company's shares ended the day 0.30% higher at $90.56 after trading between $89.89 and $91.19. A total of 492,002 shares were traded which is below the daily average volume of 660,019. Partnerre's shares have gained 4.06% in the last three trading sessions. Furthermore, the stock is currently trading near its 52-week high of $96.41. Register with AAA Research Reports and download research on PRE for free at:
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SOURCE AAA Research Reports
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