Zurich Insurance Group (OTCMKTS:ZURVY) Stock Price Breaks Below 200 Day Moving Average – Time to Sell?

Zurich Insurance Group Ltd. (OTCMKTS:ZURVY)’s share price crossed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $36.10 and traded as low as $35.01. Zurich Insurance Group shares last traded at $35.17, with a volume of 118,836 shares changing hands.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Zacks Research upgraded Zurich Insurance Group to a “hold” rating in a research report on Friday, September 18th. Royal Bank Of Canada started coverage on Zurich Insurance Group in a report on Tuesday, July 21st. They set a “moderate buy” rating for the company. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Zurich Insurance Group currently has a consensus rating of “Hold”.

Zurich Insurance Group Trading Up 0.5%

The company has a debt-to-equity ratio of 0.46, a quick ratio of 10.11 and a current ratio of 10.11. The stock’s 50 day moving average is $36.81 and its 200-day moving average is $36.10.

About Zurich Insurance Group

Zurich Insurance Group Ltd. is a global, multi-line insurance provider headquartered in Zurich, Switzerland. Founded in 1872, the company serves individuals, businesses and institutional customers through insurance and risk-management solutions.

Its principal activities include property and casualty insurance, life insurance and health coverage. Zurich offers products such as motor, home, commercial property, liability, specialty and travel insurance, as well as employee benefits, pensions and other protection products.