Zurich Insurance Group (OTCMKTS:ZURVY) Shares Cross Below Two Hundred Day Moving Average – Here’s Why

Zurich Insurance Group Ltd. (OTCMKTS:ZURVY)’s stock price passed 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.

Analyst Ratings Changes

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

Zurich Insurance Group Price Performance

The stock has a fifty day simple moving average of $35.45 and a 200-day simple moving average of $35.86. The company has a debt-to-equity ratio of 0.46, a current ratio of 10.11 and a quick ratio of 10.11.

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.