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NAVG Makes Bearish Cross Below Critical Moving Average

By Market News Video Staff, Tuesday, May 10, 12:17 PM ET
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In trading on Tuesday, shares of Navigators Group, Inc. (NASDAQ:NAVG) crossed below their 200 day moving average of $48.09, changing hands as low as $46.40 per share. Navigators Group, Inc. shares are currently trading off about 2.4% on the day. The chart below shows the one year performance of NAVG shares, versus its 200 day moving average:

Navigators Group, Inc. 200 Day Moving Average Chart

Looking at the chart above, NAVG's low point in its 52 week range is $37.05 per share, with $54.59 as the 52 week high point — that compares with a last trade of $47.81.

NAVG operates in the Insurance Brokers sector, among companies like SeaBright Holdings, Inc. (NYSE:SBX) which is up about 0.8% today, and EMC Insurance Group Inc. (NASDAQ:EMCI) trading higher by about 0.6%. Below is a three month price history chart comparing the stock performance of NAVG, versus SBX and EMCI.

NAVG,SBX,EMCI Relative Performance Chart


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This Article's Word Cloud:   Average   Below   EMCI   Group   Insurance   Investment   Moving   NASDAQ   NAVG   Navigators   Portfolio   about   above   allows   among   asset   average   below   bonds   chart   classes   companies   completely   countries   currently   designed   growth   hands   higher   history   leads   mdash   moving   operates   performance   point   portfolio   price   program   range   raquo   share   shares   short   stocks   terms   trading   versus   week   with
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