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Progressive Corp. Breaks Above 200-Day Moving Average - Bullish for PGR

By Market News Video Staff, Tuesday, June 21, 11:18 AM ET
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In trading on Tuesday, shares of Progressive Corp. (NYSE:PGR) crossed above their 200 day moving average of $20.73, changing hands as high as $20.94 per share. Progressive Corp. shares are currently trading up about 1.8% on the day. The chart below shows the one year performance of PGR shares, versus its 200 day moving average:

Progressive Corp.  200 Day Moving Average Chart

Looking at the chart above, PGR's low point in its 52 week range is $18.41 per share, with $22.13 as the 52 week high point — that compares with a last trade of $20.93.

According to the ETF Finder at ETF Channel, PGR makes up 4.06% of the SPDR KBW Insurance ETF (AMEX:KIE) which is trading up by about 1.1% on the day Tuesday.

     See what other ETFs contain PGR »
     See what other stocks are held by KIE »

PGR operates in the Insurance Brokers sector, among companies like Maiden Holdings Ltd (NASDAQ:MHLD) which is up about 1.3% today, and Infinity Property & Casualty Corp (NASDAQ:IPCC) trading up by about 0.4%. Below is a three month price history chart comparing the stock performance of PGR, versus MHLD and IPCC.

PGR,MHLD,IPCC Relative Performance Chart


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This Article's Word Cloud:   Above   According   Below   Channel   Corp   IPCC   Insurance   Investment   MHLD   Moving   Portfolio   Progressive   Property   Tuesday   about   above   allows   asset   average   bonds   chart   classes   companies   completely   countries   currently   designed   growth   hands   high   history   moving   other   performance   point   portfolio   price   range   raquo   share   shares   short   stocks   terms   trading   versus   week   what   which   with
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Progressive Corp. Breaks Above 200-Day Moving Average - Bullish for PGR | Market News Video | Copyright © 2008 - 2013, All Rights Reserved

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