Shares of Chubb Corporation (The) (CB) Sees Large Outflow of Money

Chubb Corporation (The) (CB) : The total money flow in Chubb Corporation (The) (CB) was negative ($1.13 million), which signals selling by the traders on Thursdays session. They trimmed their holdings by selling the stock on downticks to the tune of $1.42 million. In comparison, the inflow of money into the stock on upticks was $0.29 million. The uptick to downtick ratio was 0.2. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $0 million. The negative money flow of ($0 million) confirms the selling in Chubb Corporation (The) (CB) on strength. Chubb Corporation (The) (CB) gained $0.06 at $129.4, a gain of 0.05% over the previous days close. However, the stock registered -0.71% in the week.


Chubb Corporation (The) (CB) : Currently there are 13 street experts covering Chubb Corporation (The) (CB) stock. The most bullish and bearish price target for the stock is $140 and $112 respectively for the short term. The average price target of all the analysts comes to $130.39. The estimated standard deviation from the target is $8.35. The stock has recorded a 20-day Moving Average of 1.92% and the 50-Day Moving Average is 3.06%.

Chubb Corporation (The) (NYSE:CB): The stock opened at $129.22 on Thursday but the bulls could not build on the opening and the stock topped out at $129.74 for the day. The stock traded down to $127.85 during the day, due to lack of any buying support eventually closed down at $128.63 with a loss of -0.55% for the day. The stock had closed at $129.34 on the previous day. The total traded volume was 1,410,477 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.

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