Great-West Lifeco (OTCMKTS:GWLIF) Share Price Crosses Above 50 Day Moving Average – Time to Sell?

Great-West Lifeco Inc. (OTCMKTS:GWLIFGet Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $53.04 and traded as high as $58.58. Great-West Lifeco shares last traded at $58.58, with a volume of 343 shares changing hands.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. BMO Capital Markets restated a “market perform” rating on shares of Great-West Lifeco in a research report on Friday, May 8th. Jefferies Financial Group upgraded shares of Great-West Lifeco to a “buy” rating in a research report on Thursday, February 12th. Scotiabank restated an “outperform” rating on shares of Great-West Lifeco in a research report on Wednesday, April 29th. Royal Bank Of Canada restated a “sector perform” rating on shares of Great-West Lifeco in a research report on Monday, May 11th. Finally, TD Securities restated a “buy” rating on shares of Great-West Lifeco in a research report on Thursday, May 7th. Five research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Check Out Our Latest Stock Analysis on GWLIF

Great-West Lifeco Price Performance

The stock’s 50-day simple moving average is $53.04 and its two-hundred day simple moving average is $49.07.

Great-West Lifeco Company Profile

(Get Free Report)

Great-West Lifeco Inc, trading on the OTCMKTS under the symbol GWLIF, is a Canadian-based financial services holding company. Headquartered in Winnipeg, Manitoba, it operates as a subsidiary of Power Financial Corporation and offers a broad range of insurance, retirement, and investment solutions. The company traces its heritage to the founding of Great-West Life Assurance Company in 1891 and was organized as a distinct holding entity in 2003 to oversee its growing global operations.

The firm’s primary lines of business include life, health and group insurance, as well as retirement savings products and employee benefit plans.

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