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ASI Makes Bullish Cross Above Critical Moving Average

By Market News Video Staff, Thursday, August 4, 11:29 AM ET
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In trading on Thursday, shares of American Safety Insurance Holdings Ltd (NYSE:ASI) crossed above their 200 day moving average of $19.91, changing hands as high as $19.95 per share. American Safety Insurance Holdings Ltd shares are currently trading up about 2.9% on the day. The chart below shows the one year performance of ASI shares, versus its 200 day moving average:

American Safety Insurance Holdings Ltd 200 Day Moving Average Chart

Looking at the chart above, ASI's low point in its 52 week range is $15.11 per share, with $22.40 as the 52 week high point — that compares with a last trade of $19.62.

ASI operates in the Insurance Brokers sector, among companies like National Interstate Corp (NASDAQ:NATL) which is off about 3.5% today, and United Fire & Casualty Co. (NASDAQ:UFCS) trading relatively unchanged. Below is a three month price history chart comparing the stock performance of ASI, versus NATL and UFCS.

ASI,NATL,UFCS Relative Performance Chart


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This Article's Word Cloud:   Above   American   Below   Casualty   Holdings   Insurance   Investment   Moving   NATL   National   Portfolio   Safety   UFCS   United   about   above   allows   asset   average   bonds   chart   classes   companies   complete   completely   countries   currently   designed   growth   hands   high   history   leads   moving   performance   point   portfolio   price   program   range   raquo   share   shares   short   terms   trading   unchanged   versus   week   with
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