Zurich Insurance Group (OTCMKTS:ZURVY) Stock Price Passes Below 200 Day Moving Average – Here’s Why

Zurich Insurance Group AG (OTCMKTS:ZURVY) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $45.05 and traded as low as $29.90. Zurich Insurance Group shares last traded at $30.04, with a volume of 55,488 shares trading hands.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. The Goldman Sachs Group raised Zurich Insurance Group to a “hold” rating in a report on Wednesday, September 18th. BNP Paribas lowered shares of Zurich Insurance Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 3rd.

Zurich Insurance Group Trading Up 0.3 %

The stock has a 50-day moving average price of $31.85 and a two-hundred day moving average price of $45.05.

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.