Verisk Analytics (VRSK) has been under a strong bear grip, hence the stock is down -4.8% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.68% in the past 1 week. The stock has risen by 0.65% in the past week indicating that the buyers are active at lower levels, but the stock is down -4.43% in the past 4 weeks.
Verisk Analytics, Inc. is up 6.37% in the last 3-month period. Year-to-Date the stock performance stands at 6.59%. The stock has recorded a 20-day Moving Average of 1.16% and the 50-Day Moving Average is 0.1%.
Verisk Analytics (NASDAQ:VRSK): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $81.42 and $81.15 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $81.96. The buying momentum continued till the end and the stock did not give up its gains. It closed at $81.95, notching a gain of 0.32% for the day. The total traded volume was 465,616 . The stock had closed at $81.69 on the previous day.
Also, Brokerage firm UBS maintains its rating on Verisk Analytics (NASDAQ:VRSK). As per the latest information, the brokerage house raises the price target to $74 per share from a prior target of $70. The shares have been rated Sell. The rating by the firm was issued on August 4, 2016.
Verisk Analytics, Inc. is a provider of information about risk to professionals in insurance, healthcare, financial services, Government, supply chain and risk management. The Company provides predictive analytics and decision-support solutions in fraud prevention, actuarial science, insurance coverages, fire protection, catastrophe and weather risk, profitability optimization, data management, among others. The Company operates in two segments: Risk Assessment and Decision Analytics. The Companys Risk Assessment segment serves its P&C insurance customers and focuses on the first two decision making processes in its Risk Analysis Framework: prediction of loss and selection and pricing of risk. The Companys Decision Analytics segment provides P&C insurance solutions to P&C insurers in the United States.