Swiss Life (OTCMKTS:SZLMY) Shares Cross Above 50 Day Moving Average – Time to Sell?

Swiss Life Holding AG (OTCMKTS:SZLMY) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $49.83 and traded as high as $51.44. Swiss Life shares last traded at $51.16, with a volume of 6,038 shares.

Analyst Ratings Changes

Several research firms have recently commented on SZLMY. BNP Paribas downgraded Swiss Life to a “neutral” rating in a report on Monday, June 2nd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Swiss Life in a research note on Thursday, May 15th.

Swiss Life Price Performance

The stock has a 50 day simple moving average of $49.83 and a 200 day simple moving average of $44.91.

Swiss Life Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, June 4th. Shareholders of record on Tuesday, May 20th were paid a $1.2653 dividend. This is a boost from Swiss Life’s previous dividend of $1.13. This represents a yield of 2.55%. The ex-dividend date of this dividend was Monday, May 19th. Swiss Life’s payout ratio is 20.87%.

Swiss Life Company Profile

Swiss Life Holding AG provides life, pensions, and financial solutions for private and corporate clients. It operates through Switzerland, France, Germany, International, Asset Managers, and Other segments. The company offers a range of life, pension, health, annuity, and investment-type policies to groups and individuals, as well as disability coverage.