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

Zurich Insurance Group Ltd. (OTCMKTS:ZURVY)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $35.84 and traded as low as $34.37. Zurich Insurance Group shares last traded at $34.73, with a volume of 174,952 shares.

Wall Street Analyst Weigh In

Separately, Kepler Capital Markets upgraded Zurich Insurance Group from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. Three investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Zurich Insurance Group currently has a consensus rating of “Reduce”.

Zurich Insurance Group Stock Performance

The company has a fifty day moving average of $34.99 and a two-hundred day moving average of $35.84. The company has a current ratio of 10.11, a quick ratio of 10.11 and a debt-to-equity ratio of 0.46.

About Zurich Insurance Group

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.