LONDON, April 7, 2014 /PRNewswire/ --
On Friday, April 04, 2014, the NASDAQ Composite ended at 4,127.73, down 2.60%, the Dow Jones Industrial Average finished 0.96% lower at 16,412.71, and the S&P 500 closed at 1,865.09, down 1.25%. The losses were broad based as nine out of ten sectors finished the session on a lower note. The S&P 500 Financials Sector Index finished the day at 298.76, down 1.15%, while the same has advanced 1.09% in last three months. Investor-Edge has initiated coverage on the following equities: MGIC Investment Corp. (NYSE: MTG), The Progressive Corp. (NYSE: PGR), The Hartford Financial Services Group Inc. (NYSE: HIG) and XL Group PLC (NYSE: XL). Free technical research on MTG, PGR, HIG and XL can be downloaded upon signing up at:
Shares in MGIC Investment Corp. recorded a trading volume of 4.62 million shares, as compared with its three months average volume of 5.91 million shares. The stock ended the day at $8.26, down 2.13%, after vacillating between $8.25 and $8.63. MGIC Investment Corp.'s shares have fallen by 5.06% in the previous three trading sessions, 10.90% in the last one month and 2.13% on YTD basis. The company's stock is trading below its 50-day moving average. MGIC Investment Corp.'s 50-day moving average of $8.67 is above its 200-day moving average of $7.86. Further, the stock has a Relative Strength Index (RSI) of 41.90. Sign up today to read free research on MTG at:
On Friday, shares in The Progressive Corp. finished the session 0.94% lower at $24.27. A total of 2.59 million shares were traded, which is below its three months average volume of 4.07 million shares. The stock fluctuated between $24.26 and $24.66 during the session. The company's shares traded at a PE ratio of 15.28. The Progressive Corp.'s stock has advanced 0.75% in the previous three trading sessions, while the same has declined 0.74% in the last one month and 7.18% on YTD basis. The stock is trading above its 50-day moving average. The Progressive Corp.'s 200-day moving average of $24.87 is above its 50-day moving average of $23.79. Furthermore, the stock has an RSI of 54.34. Sign up today to read free research on PGR at:
Shares in The Hartford Financial Services Group Inc. reported a trading volume of 3.63 million shares, as compared with its three months average volume of 3.92 million shares. The stock ended the day at $35.37, down 1.83%, after trading between $35.35 and $36.35. The company's stock traded at a PE ratio of 9.98. The Hartford Financial Services Group Inc.'s shares have fallen by 0.90% in the previous three trading sessions, 2.13% in the last month and 2.37% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $34.70 and $33.38, respectively. Additionally, the stock has an RSI of 51.50. Sign up today to read free research on HIG at:
XL Group PLC's shares edged 0.64% lower to close the day at $31.21. The stock recorded trading volume of 2.07 million shares, as compared with its three months average volume of 2.09 million shares. The stock oscillated between $31.20 and $31.81 during the trading session. The company's stock traded at a PE ratio of 9.70. XL Group PLC's shares have advanced 0.74% in the previous three trading sessions and 1.69% in the last one month, while the same has declined 1.98% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $29.83 and $30.69, respectively. Furthermore, the company's shares have an RSI of 61.40. Sign up today to read free research on XL at:
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