Swiss Life (OTCMKTS:SZLMY) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of Swiss Life Holding AG (OTCMKTS:SZLMY) saw an uptick in trading volume on Monday. 31,301 shares traded hands during mid-day trading, an increase of 151% from the previous session’s volume of 12,470 shares. The stock last traded at $53.32 and had previously closed at $53.30.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on SZLMY shares. Zacks Research raised Swiss Life to a “hold” rating in a research report on Thursday, June 25th. Barclays raised shares of Swiss Life to a “strong-buy” rating in a research report on Wednesday, September 2nd. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Swiss Life currently has a consensus rating of “Moderate Buy”.

Swiss Life Stock Performance

The firm has a 50-day moving average of $56.29 and a two-hundred day moving average of $56.23.

About Swiss Life

Swiss Life Holding AG is a Switzerland-based insurance and financial services group founded in 1857. The company provides life insurance, health and property insurance, occupational pension solutions, and other retirement and risk-protection products for individuals, businesses and institutional clients.

In addition to insurance, Swiss Life offers financial planning, investment advice and asset-management services. Its advisory activities support private clients with retirement planning, estate planning and wealth management, while its corporate business includes employee-benefit and pension solutions.

Swiss Life primarily serves customers in Switzerland, France and Germany, with additional international activities through its Swiss Life International business.