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

Key Points

• Technical sell signal: Zurich passed below its 200-day moving average of $35.88, trading as low as $34.20 and last at $34.44 on volume of 157,814 shares.
• Analyst view mixed but cautious: Kepler and Zacks upgraded ZURVY from "strong sell" to "hold," yet the consensus remains a "Reduce" rating (three Holds, one Sell).
• Solid balance-sheet metrics: The company has low leverage (debt-to-equity 0.46) and high liquidity (current and quick ratios of 10.11), with a 50-day moving average of $35.35.

Zurich Insurance Group Ltd. (OTCMKTS:ZURVY - Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $35.88 and traded as low as $34.20. Zurich Insurance Group shares last traded at $34.44, with a volume of 157,814 shares changing hands.

Analysts Set New Price Targets

Several research firms have commented on ZURVY. Kepler Capital Markets raised shares of Zurich Insurance Group from a "strong sell" rating to a "hold" rating in a report on Monday, March 16th. Zacks Research raised shares of Zurich Insurance Group from a "strong sell" rating to a "hold" rating in a report on Monday, January 5th. Three analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of "Reduce".

Zurich Insurance Group Trading Up 0.2%

The company has a debt-to-equity ratio of 0.46, a current ratio of 10.11 and a quick ratio of 10.11. The business's fifty day moving average price is $35.35 and its 200-day moving average price is $35.88.

About Zurich Insurance Group

Zurich Insurance Group is a global insurance company headquartered in Zurich, Switzerland, that provides a broad range of insurance and risk management products to individuals, small and medium-sized enterprises, large corporations and multinational clients. Founded in 1872, the company has grown into one of the world's major insurers, offering both property & casualty and life insurance solutions alongside related services such as claims management and risk engineering.

Zurich's core activities include general (non-life) insurance and life insurance products.

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