Great-West Lifeco (OTCMKTS:GWLIF) Shares Pass Below Fifty Day Moving Average – What’s Next?

Great-West Lifeco Inc. (OTCMKTS:GWLIF) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $37.50 and traded as low as $36.96. Great-West Lifeco shares last traded at $37.28, with a volume of 661 shares changing hands.

Wall Street Analyst Weigh In

A number of research firms have recently commented on GWLIF. BMO Capital Markets reaffirmed a “market perform” rating on shares of Great-West Lifeco in a research note on Thursday, April 3rd. TD Securities restated a “buy” rating on shares of Great-West Lifeco in a report on Thursday, April 3rd.

Great-West Lifeco Stock Up 13.4%

The stock’s fifty day simple moving average is $37.50 and its 200 day simple moving average is $35.46.

About Great-West Lifeco

Great-West Lifeco Inc engages in the life and health insurance, retirement and investment services, asset management, and reinsurance businesses in Canada, the United States, and Europe. The company offers life, accidental death and dismemberment, disability, critical illness, health and dental protection, and creditor insurance products; and retirement and wealth savings, income and annuity products, and other specialty products to individuals, families, businesses, and organizations.