Chubb Corporation (The) (CB) : Investors lapped up stocks on upticks to the tune of $42.11 million in the Mondays trading session. The trading value on downticks was comparatively at $18.27 million and the uptick to downtick ratio of 2.3 indicates continuous buying by the bulls. The net money flow into the stock was $23.84 million. Upticks saw transactions worth $25.07 clearly indicating buying by large investors. The total money flow for block trades stood at $25.07 million, which is a positive for the stock in the long-term. Chubb Corporation (The) (CB) fell $0.28 during the day at $129.29, a drop of -0.22% over the previous days close. However, for the week, the stock is -0.73%, compared to the previous week.
Chubb Limited is up 5.96% in the last 3-month period. Year-to-Date the stock performance stands at 11.27%. Chubb Limited has dropped 0.51% in the last five trading days, however, the shares have posted positive gains of 3.18% in the last 4 weeks. In a related news, The Securities and Exchange Commission has divulged that Bancroft Philip V, officer (Executive Vice President*) of Chubb Ltd, had unloaded 72,730 shares at an average price of $127.3 in a transaction dated on June 2, 2016. The total value of the transaction was worth $9,258,529.
Chubb Corporation (The) (NYSE:CB): On Mondays trading session , Opening price of the stock was $129.49 with an intraday high of $129.98. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $129.16. However, the stock managed to close at $129.29, a loss of 0.22% for the day. On the previous day, the stock had closed at $129.57. The total traded volume of the day was 896,606 shares.
The Chubb Corporation is a holding company with subsidiaries principally engaged in the property and casualty insurance business. The property and casualty insurance subsidiaries (the P&C Group) underwrite insurance in the United States, Canada, Europe, Australia and parts of Latin America and Asia. The P&C Group operates through three business units: Chubb Personal Insurance, offers personal insurance products for homes and valuable articles (such as art and jewelry) for high net worth individuals; Chubb Commercial Insurance, offers multiple peril, primary liability, excess and umbrella liability, automobile, workers compensation and property and marine insurance, and Chubb Specialty Insurance, offers specialized professional liability products for privately held and publicly traded companies, financial institutions, professional firms, healthcare and not-for-profit organizations.