Endurance Specialty Holdings Ltd (ENH) has risen sharply, recording gains of 0.25% in the past 4 weeks. However, the stock has corrected -1.12% in the past 1 week, providing a good buying opportunity on dips. Endurance Specialty Holdings Ltd (ENH) : During the past 4 weeks, traders have been relatively bearish on Endurance Specialty Holdings Ltd (ENH), hence the stock is down -2.18% 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 -1.54% relative to the S&P 500.
Endurance Specialty Holdings Ltd (NYSE:ENH): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $66.60 and $66.60 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $67.07. The buying momentum continued till the end and the stock did not give up its gains. It closed at $66.87, notching a gain of 0.75% for the day. The total traded volume was 188,362 . The stock had closed at $66.37 on the previous day.
The stock has recorded a 20-day Moving Average of 0.87% and the 50-Day Moving Average is 0.07%. Endurance Specialty Holdings Ltd. is up 3.34% in the last 3-month period. Year-to-Date the stock performance stands at 5.73%.
Endurance Specialty Holdings Ltd (ENH) has been rated by 2 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $80 and the lowest price target forecast is $71. The average forecast of all the analysts is $75.5 and the expected standard deviation is $6.36.
Endurance Specialty Holdings Ltd. is a holding company. The Company, through its operating subsidiaries based in Bermuda, the United States and the United Kingdom, is focused on underwriting specialty lines of personal and commercial property and casualty insurance and reinsurance on a global basis. The Companys portfolio of specialty lines of business is organized into two business segments: Insurance and Reinsurance. The Insurance segment consists of four lines of business: agriculture, casualty and other specialty, professional lines, and property. The Reinsurance segment consists of five lines of business: catastrophe, property, casualty, professional lines and specialty.