Old Republic International Corporation (NYSE:ORI) : During the past 4 weeks, traders have been relatively bearish on Old Republic International Corporation (NYSE:ORI), hence the stock is down -0.2% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.55% relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.73% in the last 1 week, and is up 1.42% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 19.75% from its 1 Year high price. On Jul 1, 2016, the shares registered one year high at $19.40 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $18.95 and the 200 Day Moving Average price is recorded at $18.41.
The stock has recorded a 20-day Moving Average of 2.65% and the 50-Day Moving Average is 2.86%.
Old Republic International Corporation (NYSE:ORI): stock turned positive on Friday. Though the stock opened at $19.33, the bulls momentum made the stock top out at $19.35 level for the day. The stock recorded a low of $19.2 and closed the trading day at $19.34, in the green by 0.94%. The total traded volume for the day was 1,792,447. The stock had closed at $19.16 in the previous days trading.
In an insider trading activity, The director, of Old Republic International Corp, Steiner Arnold L had unloaded 14,000 shares at $18.74 per share in a transaction on May 6, 2016. The total value of transaction was $262,360. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Old Republic International Corporation is a holding company. The Company is engaged in business of insurance underwriting and related services. The Company conducts its operations through a number of regulated insurance company subsidiaries, which are organized into three segments: General Insurance Group; Title Insurance Group, and the Republic Financial Indemnity Group (RFIG) Run-off Business. General Insurance segment is a commercial lines insurance business with a focus on liability insurance coverages. These coverages are provided to businesses, Government and other institutions. Title Insurance Groups business consists of the issuance of policies to real estate purchasers and investors based upon searches of the public records which contain information concerning interests in real property. RFIG run-off business consists of its mortgage guaranty and CCI operations.