Insurance Stocks on Investors' Radar -- Third Point Reinsurance, Universal Insurance, Validus, and W. R. Berkley
NEW YORK, October 23, 2017 /PRNewswire/ --
If you want a Stock Review on TPRE, UVE, VR, or WRB then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. On Friday, October 20, 2017, US markets saw broad based gains with eight out of nine sectors finishing the trading sessions in green. Major US indices were also bullish at the close of last Friday's session. The NASDAQ Composite ended the day at 6,629.05, up 0.36%; the Dow Jones Industrial Average edged 0.71% higher, to finish at 23,328.63; and the S&P 500 closed at 2,575.21, up 0.51%. This Monday morning, DailyStockTracker.com looks at the performance of these four Property & Casualty Insurance stocks: Third Point Reinsurance Ltd (NYSE: TPRE), Universal Insurance Holdings Inc. (NYSE: UVE), Validus Holdings Ltd (NYSE: VR), and W. R. Berkley Corp. (NYSE: WRB). This morning's free research reports on the aforesaid equities can be accessed upon registration on DailyStockTracker.com at:
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Third Point Reinsurance
On Friday, shares in Pembroke, Bermuda-based Third Point Reinsurance Ltd recorded a trading volume of 493,620 shares. The stock ended the session flat at $16.65. The Company's shares have gained 16.84% over the previous three months, 35.37% in the past twelve months, and 44.16% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 11.41% and 25.97%, respectively. Moreover, shares of Third Point Reinsurance, which through its subsidiaries, provides specialty property and casualty reinsurance products to insurance and reinsurance companies in the Americas, Europe, Middle-East, Africa, and Asia, have a Relative Strength Index (RSI) of 74.72.
On October 16th, 2017, research firm Keefe Bruyette downgraded the Company's stock rating from 'Outperform' to 'Market Perform'. Visit us today and download your complete report on TPRE for free at:
http://dailystocktracker.com/registration/?symbol=TPRE
Universal Insurance Holdings
Fort Lauderdale, Florida-based Universal Insurance Holdings Inc.'s stock closed the day 2.02% lower at $24.20 with a total trading volume of 239,006 shares. The Company's shares have advanced 18.63% in the past month and 10.58% over the last twelve months. The stock is trading above its 50-day moving average by 8.95%. Additionally, shares of Universal Insurance, which through its subsidiaries, provides various property and casualty insurance products in the US, have an RSI of 59.02. The complimentary research report on UVE can be accessed at:
http://dailystocktracker.com/registration/?symbol=UVE
Validus Holdings
Shares in Pembroke, Bermuda-based Validus Holdings Ltd recorded a trading volume of 756,286 shares. The stock ended last Friday's trading session 0.86% lower at $51.88. The Company's shares have advanced 8.67% in the past month. The stock is trading above its 50-day moving average by 4.85%. Furthermore, shares of Validus, which provides reinsurance coverage, insurance coverage, and insurance linked securities management services worldwide, have an RSI of 61.41. Register for free on DailyStockTracker.com and download the research report on VR at:
http://dailystocktracker.com/registration/?symbol=VR
W. R. Berkley
Greenwich, Connecticut-based W. R. Berkley Corp.'s stock finished Friday's session 0.99% higher at $70.13 with a total trading volume of 429,166 shares, which above their three months average volume of 421.84 thousand shares. The Company's shares have advanced 26.07% in the past twelve months. The stock is trading above its 50-day and 200-day moving averages by 5.15% and 2.93%, respectively. Additionally, shares of W. R. Berkley, which operates as commercial lines writer in the US and internationally, have an RSI of 75.42. Get free access to your research report on WRB at:
http://dailystocktracker.com/registration/?symbol=WRB
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