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

Zurich Insurance Group AG (OTCMKTS:ZURVY) 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.

Analysts Set New Price Targets

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

Zurich Insurance Group Stock Up 0.0 %

The firm’s 50 day simple moving average is $30.37 and its 200 day simple moving average is $35.76.

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.