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Alleghany Corp. Breaks Below 200-Day Moving Average - Bearish for Y

By Market News Video Staff, Thursday, August 4, 4:39 PM ET
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In trading on Thursday, shares of Alleghany Corp. (NYSE:Y) crossed below their 200 day moving average of $320.40, changing hands as low as $311.10 per share. Alleghany Corp. shares are currently trading down about 5.2% on the day. The chart below shows the one year performance of Y shares, versus its 200 day moving average:

Alleghany Corp. 200 Day Moving Average Chart

Looking at the chart above, Y's low point in its 52 week range is $279.43 per share, with $340.91 as the 52 week high point — that compares with a last trade of $313.65.

Y operates in the Insurance Brokers sector, among companies like Hilltop Holdings, Inc. (NYSE:HTH) which is off about 3% today, and Meadowbrook Insurance Group Inc (NYSE:MIG) trading lower by about 3.1%. Below is a three month price history chart comparing the stock performance of Y, versus HTH and MIG.

Y,HTH,MIG Relative Performance Chart


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This Article's Word Cloud:   Alleghany   Below   Corp   Hilltop   Insurance   Investment   Moving   NYSE   Portfolio   Their   about   above   allows   among   asset   average   below   bonds   chart   classes   companies   complete   completely   countries   currently   designed   down   growth   hands   history   leads   month   moving   operates   performance   point   portfolio   price   program   range   raquo   share   shares   short   stocks   terms   trading   versus   week   with
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Alleghany Corp. Breaks Below 200-Day Moving Average - Bearish for Y | Market News Video | Copyright © 2008 - 2013, All Rights Reserved

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