Technical Scrutiny: MetLife Inc., Prudential Financial Inc., Manulife Financial Corp., and Torchmark Corp.
LONDON, September 17, 2013 /PRNewswire/ --
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The U.S. equity market ended on a mixed note on Monday, September 16, 2013. The S&P 500 and the Dow Jones Industrial Average gained 0.57% and 0.77%, respectively, while the NASDAQ Composite fell by 0.12%. Shares of companies in the life insurance industry posted gains, even as the broader market ended on a mixed note. The major movers in the life insurance industry included MetLife Inc. (NYSE: MET), Prudential Financial Inc. (NYSE: PRU), Manulife Financial Corporation (NYSE: MFC), and Torchmark Corporation (NYSE: TMK). AAAResearchReports.com has tracked MET, PRU, MFC, and TMK. These reports can be seen for free at:
On Monday, MetLife Inc.'s stock rose sharply, even as the broader market finished on a mixed note. The company's shares vacillated between $48.97 and $49.72 before finishing the day 1.06% higher at $49.35. A total of 7.24 million shares were traded, which is above the daily average volume of 6.42 million. The company's shares have gained 12.24% in the previous three months and 2.22% in the last one month, compared to a gain of 4.36% and 2.52% in the S&P 500 during the respective periods. Furthermore, MetLife Inc.'s stock is trading above its 50-day and 200-day moving averages of $48.56 and $40.97, respectively. Download free research on MET by signing up now at:
Shares in Prudential Financial Inc. rose sharply on Monday, finishing at $80.91, up 1.53% from the previous day's closing price of $79.69. The company's shares oscillated between $80.16 and $81.27 during the trading session. A total of 1.98 million shares were traded, which is below the daily average volume of 2.37 million. The company's stock has surged 14.80% in the previous three months, compared to a gain of 4.36% in the S&P 500 during the same period. Additionally, Prudential Financial Inc.'s stock is trading above its 50-day and 200-day moving averages of $78.58 and $64.84, respectively. Register for today's free analysis on PRU at:
Shares in Manulife Financial Corp. rose sharply by 1.29% on Monday, reversing most of the losses from the previous trading session. The company's shares fluctuated between $17.24 and $17.48, before finishing the day at $17.28. A total of 1.60 million shares were traded, which is below the daily average volume of 2.04 million. The company's shares have surged 11.63% in the previous three months, outperforming the S&P 500 which has gained 4.36% during the same period. Moreover, the company's stock continues to trade above its 50-day and 200-day moving averages of $17.18 and $15.33, respectively. A free report on MFC can be accessed by registering at:
Torchmark Corp.'s stock rose sharply on Monday, hitting a new 52-week high of $73.11. The company's shares finished the day at $72.90, up 1.01% from the previous day's closing price of $72.17, after vacillating between $72.45 and $73.11. A total of 0.20 million shares were traded, which is below the daily average volume of 0.37 million. The company's stock has gained 2.78% in the previous one month and 12.74% in the last three months, compared to a gain of 2.52% and 4.36% in the S&P 500 during the respective periods. Furthermore, Torchmark Corp.'s stock is trading above its 50-day and 200-day moving averages of $70.36 and $61.45, respectively. Register with AAA Research Reports and download research on TMK for free at:
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