Zurich Insurance Group (OTCMKTS:ZURVY) Shares Gap Down – Here’s What Happened

Zurich Insurance Group Ltd. (OTCMKTS:ZURVY)’s share price gapped down before the market opened on Monday . The stock had previously closed at $38.05, but opened at $36.95. Zurich Insurance Group shares last traded at $37.5199, with a volume of 21,834 shares.

Wall Street Analyst Weigh In

Separately, Zacks Research lowered Zurich Insurance Group from a “hold” rating to a “strong sell” rating in a research report on Friday, December 5th. One investment analyst has rated the stock with a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Zurich Insurance Group Stock Down 0.3%

The firm has a fifty day simple moving average of $36.28 and a two-hundred day simple moving average of $35.73.

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.