Zurich Insurance Group (OTCMKTS:ZURVY) Share Price Passes Below Two Hundred Day Moving Average – What’s Next?

Zurich Insurance Group AG (OTCMKTS:ZURVY) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $39.29 and traded as low as $29.39. Zurich Insurance Group shares last traded at $29.85, with a volume of 147,489 shares.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on ZURVY. BNP Paribas lowered Zurich Insurance Group from a “hold” rating to a “strong sell” rating in a report on Thursday, October 3rd. The Goldman Sachs Group upgraded shares of Zurich Insurance Group to a “hold” rating in a research note on Wednesday, September 18th.

Zurich Insurance Group Trading Down 0.3 %

The company’s 50-day simple moving average is $30.44 and its 200 day simple moving average is $39.29.

About Zurich Insurance Group

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.