Zurich Insurance Group (OTCMKTS:ZURVY) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Zurich Insurance Group Ltd. (OTCMKTS:ZURVY)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $36.11 and traded as low as $36.04. Zurich Insurance Group shares last traded at $36.09, with a volume of 74,718 shares traded.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada started coverage on shares of Zurich Insurance Group in a research report on Tuesday, July 21st. They set a “moderate buy” rating on the stock. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Zurich Insurance Group currently has an average rating of “Hold”.

Zurich Insurance Group Stock Up 0.2%

The company has a debt-to-equity ratio of 0.46, a current ratio of 10.11 and a quick ratio of 10.11. The stock’s 50 day moving average price is $37.20 and its two-hundred day moving average price is $36.10.

About Zurich Insurance Group

Zurich Insurance Group Ltd. is a global, multi-line insurance provider headquartered in Zurich, Switzerland. Founded in 1872, the company serves individuals, businesses and institutional customers through insurance and risk-management solutions.

Its principal activities include property and casualty insurance, life insurance and health coverage. Zurich offers products such as motor, home, commercial property, liability, specialty and travel insurance, as well as employee benefits, pensions and other protection products.