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

Zurich Insurance Group Ltd. (OTCMKTS:ZURVY)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $35.86 and traded as low as $34.34. Zurich Insurance Group shares last traded at $34.4101, with a volume of 171,424 shares changing hands.

Wall Street Analyst Weigh In

Separately, Kepler Capital Markets raised Zurich Insurance Group from a “strong sell” rating to a “hold” rating in a report on Monday, March 16th. Three equities research 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 a consensus rating of “Reduce”.

Zurich Insurance Group Trading Down 0.6%

The company has a quick ratio of 10.11, a current ratio of 10.11 and a debt-to-equity ratio of 0.46. The stock has a 50-day simple moving average of $35.43 and a 200 day simple moving average of $35.86.

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.