Zurich Insurance Group (OTCMKTS:ZFSVF) Trading 3.5% Higher – Still a Buy?

Zurich Insurance Group AG (OTCMKTS:ZFSVFGet Free Report) shares traded up 3.5% on Thursday . The company traded as high as $720.50 and last traded at $720.50. 35 shares traded hands during mid-day trading, a decline of 92% from the average session volume of 438 shares. The stock had previously closed at $696.04.

Zurich Insurance Group Stock Up 3.5%

The firm’s 50 day moving average is $703.75 and its 200 day moving average is $715.38.

Institutional Investors Weigh In On Zurich Insurance Group

An institutional investor recently bought a new position in Zurich Insurance Group stock. Saranac Partners Ltd purchased a new position in Zurich Insurance Group AG (OTCMKTS:ZFSVFFree Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 278 shares of the company’s stock, valued at approximately $198,000. Institutional investors and hedge funds own 30.81% of the company’s stock.

Zurich Insurance Group Company Profile

(Get Free Report)

Zurich Insurance Group is a global insurance company headquartered in Zurich, Switzerland. Established in 1872, the company has evolved into one of the world’s leading multi-line insurers, offering a broad range of general and life insurance products. With a long-standing reputation for financial strength and expertise in risk management, Zurich serves a diverse client base that includes retail customers, small-to-medium enterprises and large multinational corporations.

The company’s core business activities are divided into two main segments: General Insurance and Life Insurance & Farmers.

Further Reading

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