Zurich Insurance Group (OTCMKTS:ZURVY) Stock Price Crosses Below 200-Day Moving Average – Here’s What Happened

Shares of Zurich Insurance Group AG (OTCMKTS:ZURVY) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $43.16 and traded as low as $29.06. Zurich Insurance Group shares last traded at $29.20, with a volume of 102,933 shares traded.

Analyst Ratings Changes

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

Zurich Insurance Group Price Performance

The business has a 50-day simple moving average of $29.93 and a two-hundred day simple moving average of $43.16.

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.