Old Republic International Corporation (ORI) has risen sharply, recording gains of 0.94% in the past 4 weeks. However, the stock has corrected -3% in the past 1 week, providing a good buying opportunity on dips. Old Republic International Corporation (ORI) : During the past 4 weeks, traders have been relatively bearish on Old Republic International Corporation (ORI), hence the stock is down -2.34% 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 -2.94% relative to the S&P 500.
The stock has recorded a 20-day Moving Average of 0.67% and the 50-Day Moving Average is 1.43%. Old Republic International Corporation is up 5.85% in the last 3-month period. Year-to-Date the stock performance stands at 6.16%.
Old Republic International Corporation (NYSE:ORI): On Fridays trading session , Opening price of the stock was $19.55 with an intraday high of $19.59. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $19.2899. However, the stock managed to close at $19.38, a loss of 1.42% for the day. On the previous day, the stock had closed at $19.66. The total traded volume of the day was 2,815,544 shares.
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.