Zurich Insurance Group (OTCMKTS:ZURVY) Shares Pass Above 50-Day Moving Average – What’s Next?

Zurich Insurance Group Ltd. (OTCMKTS:ZURVY)’s share price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $35.45 and traded as high as $36.20. Zurich Insurance Group shares last traded at $36.15, with a volume of 183,077 shares changing hands.

Analyst Ratings Changes

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

Zurich Insurance Group Price Performance

The stock has a fifty day moving average of $35.46 and a two-hundred day moving average of $35.88. The company has a quick ratio of 10.11, a current ratio of 10.11 and a debt-to-equity ratio of 0.46.

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.