Technical Pulse on Insurance Stocks -- Research on Unum, Aflac, Assurant, and ProAssurance Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, April 7, 2014 /PRNewswire/ --
The trading session on Friday, April 4, 2014 ended on a lower note as the S&P 500 finished the session 1.25% lower at 1,865.09 and the NASDAQ Composite closed at 4,127.73, down 2.60%. The Dow Jones Industrial Average finished at 16,412.71, down 0.96%. During the session, nine out of ten sectors ended the session in negative. The S&P 500 Financials Sector Index finished the day at 298.76, down 1.15%, and the index has edged 0.70% lower in the last one month. Investor-Edge has initiated coverage on the following equities: Unum Group (NYSE: UNM), Aflac Inc. (NYSE: AFL), Assurant Inc. (NYSE: AIZ) and ProAssurance Corp. (NYSE: PRA). Free technical research on UNM, AFL, AIZ and PRA can be downloaded upon signing up at:
On Friday, Unum Group's stock finished the session 1.72% lower at $34.79. The stock recorded a trading volume of 1.00 million shares as compared with its three months average volume of 1.51 million shares. The stock fluctuated between $34.78 and $35.67 during the session. Shares of the company traded at a PE ratio of 10.56. Unum Group's stocks have declined 1.81% in the previous three trading sessions, 2.44% in the last one month, and 0.83% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. Unum Group's 50-day moving average of $34.15 is above its 200-day moving average of $32.44. Moreover, shares of the company have a Relative Strength Index (RSI) of 47.55. Sign up today to read free research on UNM at:
Aflac Inc.'s stock registered a trading volume of 1.34 million shares, as compared with its three months average volume of 1.97 million shares. The stock ended the day at $63.28, down 1.16% after vacillating between $63.22 and $64.47. Shares of the company traded at a PE ratio of 10.25. Aflac Inc.'s shares have fallen by 0.06% in the previous three trading sessions, 2.97% in the last one month and 5.27% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages. Aflac Inc.'s 50-day moving average of $63.18 is above its 200-day moving average of $62.91. Additionally, shares of the company have an RSI of 48.25. Sign up today to read free research on AFL at:
On Friday, shares in Assurant Inc. fell 1.22% to close the day at $65.61. A total of 0.34 million shares were traded, which is below its three months average volume of 0.66 million shares. The stock oscillated between $65.58 and $66.83 during the trading session. Shares of the company traded at a PE ratio of 10.67. Assurant Inc.'s shares have fallen by 0.29% in the previous three trading sessions, 2.24% in the last one month, and 1.15% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. Assurant Inc.'s 50-day moving average of $65.11 is above its 200-day moving average of $59.95. Moreover, shares of the company have an RSI of 50.92. Sign up today to read free research on AIZ at:
ProAssurance Corp.'s stock reported a trading volume of 0.20 million shares, as compared with its three months average volume of 0.28 million shares. The stock ended the day at $44.79, down 1.15% and at an intraday range of $44.77 and $45.67. Shares of the company traded at a PE ratio of 12.88. ProAssurance Corp.'s shares have gained 0.34% in the previous three trading sessions, while the same has declined 0.73% in the last one month and 7.61% on YTD basis. The stock is trading below its 50-day and 200-day moving averages. ProAssurance Corp.'s 200-day moving average of $47.56 is above its 50-day moving average of $45.13. Furthermore, the shares of the company have an RSI of 52.21. Sign up today to read free research on PRA at:
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