Aflac Incorporated (NYSE:AFL) has risen sharply, recording gains of 5.13% in the past 4 weeks. However, the stock has corrected -0.01% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 3.46% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The company shares have rallied 18.02% from its 1 Year high price. On Jul 1, 2016, the shares registered one year high at $72.81 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $69.80 and the 200 Day Moving Average price is recorded at $64.06.
The stock has recorded a 20-day Moving Average of 3.61% and the 50-Day Moving Average is 4.56%.
Aflac Incorporated (NYSE:AFL): stock turned positive on Friday. Though the stock opened at $72.26, the bulls momentum made the stock top out at $72.76 level for the day. The stock recorded a low of $71.91 and closed the trading day at $72.49, in the green by 1.50%. The total traded volume for the day was 1,725,837. The stock had closed at $71.42 in the previous days trading.
In an insider trading activity, The Officer (Sr. Vice President), of AFLAC INC, Wilkey Robin Y had unloaded 3,065 shares at $70.23 per share in a transaction on June 24, 2016. The total value of transaction was $215,255. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Aflac Incorporated (Aflac) is a business holding company. The Company is engaged in supplemental health and life insurance, which is marketed and administered through its subsidiary, American Family Life Assurance Company of Columbus (Aflac). Aflac offers insurance policies in Japan and the United States that provide a layer of financial protection against income and asset loss. Aflacs insurance business consists of two segments: Aflac Japan and Aflac U.S. Aflac Japan sells voluntary supplemental insurance products, including cancer plans, medical indemnity plans, medical/sickness riders, care plans, living benefit life plans, ordinary life insurance plans and annuities. Aflac U.S. sells insurance products, including products designed to protect individuals from depletion of assets, such as accident, cancer, critical illness/care, hospital intensive care, hospital indemnity, fixed-benefit dental and vision care plans, and loss-of-income products.