Zurich Insurance Group (OTCMKTS:ZURVY) Stock Passes Below 200 Day Moving Average – Should You Sell?

Zurich Insurance Group AG (OTCMKTS:ZURVY)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $35.76 and traded as low as $29.50. Zurich Insurance Group shares last traded at $29.61, with a volume of 125,483 shares traded.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. UBS Group lowered shares of Zurich Insurance Group from a “hold” rating to a “strong sell” rating in a research note on Thursday, December 19th. BNP Paribas downgraded Zurich Insurance Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 3rd.

Zurich Insurance Group Price Performance

The stock has a 50-day moving average of $30.37 and a 200 day moving average of $35.44.

About Zurich Insurance Group

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.