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

Zurich Insurance Group Ltd. (OTCMKTS:ZURVY)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $35.85 and traded as low as $35.8450. Zurich Insurance Group shares last traded at $36.06, with a volume of 301,469 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Zurich Insurance Group from a “strong sell” rating to a “hold” rating in a research report on Monday, January 5th. Two investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce”.

Zurich Insurance Group Stock Performance

The company has a 50-day moving average of $36.52 and a two-hundred day moving average of $35.85.

Zurich Insurance Group Company Profile

Zurich Insurance Group is a global insurance company headquartered in Zurich, Switzerland, that provides a broad range of insurance and risk management products to individuals, small and medium-sized enterprises, large corporations and multinational clients. Founded in 1872, the company has grown into one of the world’s major insurers, offering both property & casualty and life insurance solutions alongside related services such as claims management and risk engineering.

Zurich’s core activities include general (non-life) insurance and life insurance products.