Progressive Corporation (The) (PGR) : During the past 4 weeks, traders have been relatively bearish on Progressive Corporation (The) (PGR), hence the stock is down -3.48% 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 -0.88% relative to the S&P 500. The 4-week change in the price of the stock is -5.44% and the stock has fallen -0.35% in the past 1 week.
The stock has recorded a 20-day Moving Average of 3.18% and the 50-Day Moving Average is 5.13%.The 200 Day SMA reached 3.62% Progressive Corp. has dropped 2.14% during the last 3-month period . Year-to-Date the stock performance stands at 0.76%.
Progressive Corporation (The) (PGR) : Currently there are 8 street experts covering Progressive Corporation (The) (PGR) stock. The most bullish and bearish price target for the stock is $36 and $27 respectively for the short term. The average price target of all the analysts comes to $31.13. The estimated standard deviation from the target is $2.85.
Company shares have received an average consensus rating of Hold for the current week Progressive Corporation (The) (NYSE:PGR): The stock opened at $31.06 and touched an intraday high of $31.44 on Friday. During the day, the stock corrected to an intraday low of $30.92, however, the bulls stepped in and pushed the price higher to close in the green at $31.13 with a gain of 0.13% for the day. The total traded volume for the day was 6,606,314. The stock had closed at $31.09 in the previous trading session.
The Progressive Corporation is an insurance holding company. The Companys insurance subsidiaries and mutual insurance company affiliate provide personal auto insurance, commercial auto and truck insurance principally for small businesses, and other specialty property-casualty insurance and related services. The Companys property-casualty insurance products protect its customers against losses due to collision and physical damage to their motor vehicles, uninsured and underinsured bodily injury, and liability to others for personal injury or property damage arising out of the use of those vehicles. Its non-insurance subsidiaries and limited partnership investment affiliate support its insurance and investment operations.