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Zurich Insurance Group (OTCMKTS:ZURVY) Reaches New 52-Week High - Still a Buy?

Zurich Insurance Group logo with Finance background

Key Points

  • Zurich Insurance Group shares reached a new 52-week high at $36.51, trading at $36.49 with a volume of 3,721 shares.
  • Analyst ratings have shifted, with Barclays downgrading the stock from "strong-buy" to "hold", and Goldman Sachs lowering it from "neutral" to "sell".
  • The company has strong liquidity measures, with a current ratio and quick ratio of 16.46 and a debt-to-equity ratio of 0.48.
  • MarketBeat previews top five stocks to own in October.

Zurich Insurance Group Ltd. (OTCMKTS:ZURVY - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $36.51 and last traded at $36.49, with a volume of 3721 shares traded. The stock had previously closed at $36.12.

Analyst Upgrades and Downgrades

ZURVY has been the subject of a number of research reports. Barclays downgraded Zurich Insurance Group from a "strong-buy" rating to a "hold" rating in a report on Wednesday, June 11th. Zacks Research upgraded Zurich Insurance Group to a "hold" rating in a report on Tuesday, August 12th. Finally, The Goldman Sachs Group downgraded Zurich Insurance Group from a "neutral" rating to a "sell" rating in a report on Wednesday, July 2nd. Two research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Strong Sell".

Read Our Latest Report on Zurich Insurance Group

Zurich Insurance Group Stock Performance

The company has a debt-to-equity ratio of 0.48, a current ratio of 16.46 and a quick ratio of 16.46. The firm has a 50 day simple moving average of $34.90 and a 200-day simple moving average of $34.25.

About Zurich Insurance Group

(Get Free Report)

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.

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