Arch Capital Group Ltd. (NASDAQ:ACGLO – Get Free Report) traded down 0.7% during trading on Monday. The stock traded as low as $18.18 and last traded at $18.35. 27,728 shares changed hands during trading, a decline of 6% from the average daily volume of 29,539 shares. The stock had previously closed at $18.48.
Arch Capital Group Stock Performance
The stock’s 50 day moving average is $18.93 and its 200 day moving average is $19.44.
About Arch Capital Group
Arch Capital Group Ltd. is a Bermuda-based insurance and reinsurance company that provides coverage and risk-management solutions to businesses, institutions and individuals worldwide. Its operations span property and casualty insurance, reinsurance and mortgage insurance.
Through its insurance business, Arch offers products including property, casualty, specialty and professional liability coverage. Its reinsurance operations assume risks from other insurers across a range of property and casualty lines, while its mortgage insurance business supports residential housing finance by providing protection against mortgage credit losses.
Arch Capital serves clients in North America, Europe and other international markets through a network of underwriting platforms and operating subsidiaries.
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