Zurich Insurance Group (OTCMKTS:ZURVY) Stock Crosses Below 200-Day Moving Average – What’s Next?

Zurich Insurance Group Ltd. (OTCMKTS:ZURVY) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $35.88 and traded as low as $34.9650. Zurich Insurance Group shares last traded at $35.25, with a volume of 324,910 shares.

Analyst Ratings Changes

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

Zurich Insurance Group Stock Down 0.9%

The business has a fifty day simple moving average of $36.50 and a two-hundred day simple moving average of $35.89.

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.