Insurance Stocks on Investors' Radar -- AmTrust Financial Services, Loews, Allied World Assurance, and WMIH Corp.
April 11, 2017 at 06:05 AM EDT
NEW YORK, April 11, 2017 /PRNewswire/ --
Today's focus on Stock-Callers.com is on these Property and Casualty Insurance stocks: AmTrust Financial Services Inc. (NASDAQ: AFSI), Loews Corp. (NYSE: L), Allied World Assurance Co. Holdings AG (NYSE: AWH), and WMIH Corp. (NASDAQ: WMIH). These companies are part of the Financial sector, which has received an "Outperform" rating from Charles Schwab on March 30th, 2017 due to growing financial strength in most financial institutions, improving consumer finances, and reduced regulatory burdens. Learn more about these stocks by downloading their comprehensive and free reports at:
AmTrust Financial Services
On Monday, shares in New York-based AmTrust Financial Services Inc. saw a slight drop of 0.05%, ending the day at $18.87. The stock recorded a trading volume of 2.82 million shares, which was above its three months average volume of 2.05 million shares. The Company's shares are trading below their 50-day moving average by 17.28%. Moreover, shares of AmTrust Financial Services, which through its subsidiaries, underwrites and provides property and casualty insurance in the US and internationally, have a Relative Strength Index (RSI) of 42.25.
On April 04th, 2017, AmTrust Financial Services announced that it has filed its Form 10-K for the year ended December 31st, 2016, including restated financial statements and related disclosures for 2014 and 2015. The Company is now current on all of its NASDAQ Stock Market and NYSE listing requirements.
On April 05th, 2017, research firm FBR & Co. reiterated its 'Outperform' rating on the Company's stock with a decrease of the target price from $29 a share to $26 a share. AFSI complete research report is just a click away and free at:
Shares in New York headquartered Loews Corp. ended the day 0.47% higher at $47.46 with a total trading volume of 647,807 shares. In the last month and the previous three months, the stock has gained 0.55% and 2.66%, respectively. Additionally, the Company's shares have advanced 1.48% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 1.28% and 8.54%, respectively. Furthermore, shares of Loews, which through its subsidiaries, provides commercial property and casualty insurance in the US, Canada, the UK, Continental Europe, and Singapore, have an RSI of 61.13. The complimentary report on L can be downloaded at:
At the close of trading on Monday, shares in Zug, Switzerland headquartered Allied World Assurance Co. Holdings AG finished 0.23% higher at $53.11. A total volume of 1.19 million shares was traded, which was above their three months average volume of 694,790 shares. The stock is trading above its 200-day moving average by 15.55%. Additionally, shares of Allied World Assurance, which through its subsidiaries, provides property, casualty, and specialty insurance and reinsurance solutions worldwide, have an RSI of 48.49.
On April 06th, 2017, Allied World Assurance announced that it will release its financial results for Q1 ended March 31st, 2017 after the close of market on Wednesday, April 26th, 2017. Given the pending acquisition by Fairfax, Allied World will not host a conference call to discuss its Q1 2017 results. Sign up for your complimentary research report on AWH at:
Seattle, Washington headquartered WMIH Corp.'s shares recorded a trading volume of 982,157 shares at the end of yesterday's session, which was higher than their three months average volume of 619,430 shares. The stock closed the day flat at $1.55. The Company's shares have advanced 40.91% in the past month and 6.90% in the previous three months. The stock is trading above its 50-day moving average by 15.00%. Additionally, shares of WMIH, which through its subsidiary, WM Mortgage Reinsurance Company, Inc., engages in reinsurance business with respect to mortgage insurance in runoff mode, have an RSI of 66.20. Get free access to your research report on WMIH at:
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