On a relative basis, the stock has outperformed the S&P 500 by 1.62% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.14% in the last 1 week, and is up 3.26% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 3.58% from its 1 Year high price. On Jul 1, 2016, the shares registered one year high at $69.95 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $67.58 and the 200 Day Moving Average price is recorded at $64.99.
The stock has recorded a 20-day Moving Average of 3.08% and the 50-Day Moving Average is 3.88%.
Allstate Corporation (The) (NYSE:ALL): stock turned positive on Friday. Though the stock opened at $69.68, the bulls momentum made the stock top out at $69.69 level for the day. The stock recorded a low of $69.06 and closed the trading day at $69.66, in the green by 1.04%. The total traded volume for the day was 1,675,561. The stock had closed at $68.94 in the previous days trading.
In an insider trading activity, Shebik Steven E, officer (EVP & Chief Financial Officer) of Allstate Corp, unloaded 20,000 shares at an average price of $67.46 on June 3, 2016. The total amount of the transaction was worth $1,349,200, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
The Allstate Corporation is a holding company for Allstate Insurance Company. The Company and its subsidiaries, including Allstate Insurance Company, Allstate Life Insurance Company and other subsidiaries (collectively, Allstate) are engaged in the property-liability insurance and life insurance business. It offers its products in the United States and Canada. Allstate operates in four business segments: Allstate Protection, Discontinued Lines and Coverages, Allstate Financial, and Corporate and Other. The principal geographic markets for its auto, homeowners, and other personal property and casualty products are in the United States. Through its subsidiaries, it sells various types of personal property and casualty insurance products in around 50 states, the District of Columbia and Puerto Rico. It sells private passenger auto and homeowners insurance through agencies, contact centers and Internet. It sells these products under Allstate, Esurance and Encompass brand names.