Pre-Market Technical Recap on Life Insurance Stocks -- Genworth Financial, ING Groep, Lincoln National, and MetLife
NEW YORK, September 26, 2017 /PRNewswire/ --
If you want a Stock Review on GNW, ING, LNC, or MET then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Munich Re reported that in the global Life Insurance industry, premium growth, which is driven by growth markets in Asia and Latin America, is expected to increase by over 4.5% on average (a good 3.0% in real terms) - somewhat more than economic growth - by 2018. In the Asian emerging markets, growth will weaken following last year's extraordinary surge in premium volume in China, but it will still be significantly above 10% in real terms. In Latin America, premiums in life insurance are likely to grow by almost 8.5% (over 6.5% in real terms) this year and next. For today, DailyStockTracker.com monitors the following equities: Genworth Financial Inc. (NYSE: GNW), ING Groep N.V. (NYSE: ING), Lincoln National Corp. (NYSE: LNC), and MetLife Inc. (NYSE: MET). Daily Stock Tracker provides great insights on these stocks in its free research reports at:
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Genworth Financial
Richmond, Virginia headquartered Genworth Financial Inc.'s shares saw a decline of 3.66%, finishing Monday's trading session at $3.68. A total volume of 3.80 million shares was traded. In the last month, the stock has advanced 5.44%. The Company's shares are trading above their 50-day moving average by 3.99%. Moreover, shares of Genworth Financial, which provides insurance and homeownership solutions in the US and internationally, have a Relative Strength Index (RSI) of 50.61.
On September 12th, 2017, Genworth Financial announced that it will hold its 2017 Annual Meeting of Stockholders on December 13th, 2017 if its proposed merger with China Oceanwide Holdings Group Co., Ltd. has not yet been completed. If the proposed merger is not completed by the said date, the Annual Meeting will be held at 9:00 a.m. EST at The Westin Richmond, 6631 West Broad Street, Richmond, Virginia, 23230. Free research report on GNW is available at:
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ING Groep
On Monday, shares in Amsterdam, the Netherlands-based ING Groep N.V. recorded a trading volume of 2.79 million shares, and ended the session 2.17% lower at $18.00. The stock has gained 1.29% in the last one month, 6.76% over the previous three months, and 27.66% on an YTD basis. The Company's shares are trading 11.26% above their 200-day moving average. Furthermore, shares of ING Groep, which operates as a financial services company that provides banking, investments, life insurance, and retirement services worldwide, have an RSI of 47.54.
On September 06th, 2017, research firm Goldman upgraded the Company's stock rating from 'Neutral' to 'Buy'. The complimentary research report on ING can be downloaded at:
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Lincoln National
Shares in Radnor, Pennsylvania headquartered Lincoln National Corp. closed at $72.77, slightly down 0.15% from the last trading session. The stock recorded a trading volume of 1.09 million shares. The Company's shares have gained 7.01% in the last one month, 11.20% over the previous three months, and 9.81% since the start of this year. The stock is trading 3.43% and 6.81% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Lincoln National, which through its subsidiaries, engages in the multiple insurance and retirement businesses in the US, have an RSI of 65.71.
On September 21st, 2017, Lincoln Financial Group, the marketing name for Lincoln National and its affiliates, announced that it will report its Q3 earnings after market close on November 01st, 2017. A conference call is scheduled for November 02nd, 2017, at 10:00 a.m. ET to discuss Q3 earnings and related matters for the Company and its business segments. Visit DailyStockTracker.com today and access our complete research report on LNC at:
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MetLife
New York-based MetLife Inc.'s stock ended 0.61% higher at $50.85. A total volume of 5.77 million shares was traded, which was above their three months average volume of 5.73 million shares. The Company's shares have advanced 6.83% in the last one month, 8.48% over the previous three months, and 5.88% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 5.40% and 6.76%, respectively. Furthermore, shares of MetLife have an RSI of 68.05.
On September 12th, 2017, MetLife announced that it has been named to the Dow Jones Sustainability Index (DJSI), a widely-recognized standard for corporate responsibility that tracks leading, sustainability-driven companies. The Company was eligible for the DJSI North America, which recognizes a group of the top 20% of sustainability performers across the 600 largest US and Canadian companies. The Company was one of only seven insurers in North America to make the list. Get free access to your research report on MET at:
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