Zurich Insurance Group (OTCMKTS:ZURVY) Share Price Passes Above 50 Day Moving Average – Should You Sell?

Zurich Insurance Group Ltd. (OTCMKTS:ZURVY)’s stock price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $35.45 and traded as high as $36.20. Zurich Insurance Group shares last traded at $36.15, with a volume of 183,077 shares traded.

Wall Street Analyst Weigh In

Separately, Kepler Capital Markets upgraded shares of Zurich Insurance Group from a “strong sell” rating to a “hold” rating in a research note on Monday, March 16th. Two investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Zurich Insurance Group currently has a consensus rating of “Reduce”.

Zurich Insurance Group Trading Up 1.3%

The company has a debt-to-equity ratio of 0.46, a quick ratio of 10.11 and a current ratio of 10.11. The firm has a 50-day simple moving average of $35.45 and a 200 day simple moving average of $35.88.

About Zurich Insurance Group

Zurich Insurance Group is a global insurance company headquartered in Zurich, Switzerland, that provides a broad range of insurance and risk management products to individuals, small and medium-sized enterprises, large corporations and multinational clients. Founded in 1872, the company has grown into one of the world’s major insurers, offering both property & casualty and life insurance solutions alongside related services such as claims management and risk engineering.

Zurich’s core activities include general (non-life) insurance and life insurance products.