The Travelers Companies (NYSE:TRV) has risen sharply, recording gains of 3.75% in the past 4 weeks. However, the stock has corrected -0.65% 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 2.1% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The company shares have rallied 15.39% from its 1 Year high price. On Jul 1, 2016, the shares registered one year high at $119.30 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $114.23 and the 200 Day Moving Average price is recorded at $111.56.
The stock has recorded a 20-day Moving Average of 3.3% and the 50-Day Moving Average is 4.83%.
The Travelers Companies (NYSE:TRV): stock turned positive on Friday. Though the stock opened at $118.4, the bulls momentum made the stock top out at $118.425 level for the day. The stock recorded a low of $117.55 and closed the trading day at $118.08, in the green by 0.49%. The total traded volume for the day was 1,197,332. The stock had closed at $117.51 in the previous days trading.
In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Vice Chairman and CFO) of Travelers Companies, Inc., Benet Jay S had sold 5,797 shares worth of $685,669 in a transaction dated July 5, 2016. In this transaction, 5,797 shares were sold at $118.28 per share.
The Travelers Companies, Inc. is a holding company. Through its subsidiaries, the Company is engaged in providing a range of commercial and personal property and casualty insurance products and services to businesses, Government units, associations and individuals. The Company has three operating segments: Business and International Insurance segment, Bond & Specialty Insurance segment and the Personal Insurance segment. Business and International Insurance segment offers a range of property and casualty insurance and insurance related services to its customers, primarily in the United States, as well as in Canada, the United Kingdom, the Republic of Ireland and throughout other parts of the world. Bond & Specialty Insurance segment provides surety, crime, management and professional liability coverages, and related risk management services. Personal Insurance segment includes a range of property and casualty insurance covering individuals personal risks.