Zurich Insurance Group AG (OTCMKTS:ZURVY – Get Free Report) was the recipient of a large decrease in short interest during the month of August. As of August 31st, there was short interest totalling 11,800 shares, a decrease of 79.4% from the August 15th total of 57,300 shares. Based on an average daily volume of 141,700 shares, the days-to-cover ratio is currently 0.1 days.
Zurich Insurance Group Stock Up 0.9 %
Zurich Insurance Group stock opened at $29.95 on Friday. The stock has a 50 day moving average of $45.05 and a two-hundred day moving average of $49.74. Zurich Insurance Group has a twelve month low of $22.21 and a twelve month high of $30.24. The company has a quick ratio of 22.20, a current ratio of 22.20 and a debt-to-equity ratio of 0.52.
Wall Street Analyst Weigh In
Separately, Bank of America upgraded shares of Zurich Insurance Group from a “neutral” rating to a “buy” rating in a research note on Friday, May 17th.
Zurich Insurance Group Company Profile
Zurich Insurance Group AG, together with its subsidiaries, provides insurance products and related services in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific. The company operates through Property & Casualty Regions, Life Regions, Farmers, Group Functions and Operations, and Non-Core Businesses segments.
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