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Axis Capital Holdings Ltd Breaks Above 200-Day Moving Average - Bullish for AXS

By Market News Video Staff, Wednesday, November 30, 5:09 PM ET
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In trading on Wednesday, shares of Axis Capital Holdings Ltd (NYSE:AXS) crossed above their 200 day moving average of $31.42, changing hands as high as $31.78 per share. Axis Capital Holdings Ltd shares are currently trading up about 4.4% on the day. The chart below shows the one year performance of AXS shares, versus its 200 day moving average:

Axis Capital Holdings Ltd 200 Day Moving Average Chart

Looking at the chart above, AXS's low point in its 52 week range is $24.80 per share, with $37.81 as the 52 week high point that compares with a last trade of $31.84.

AXS makes up 3.62% of the KBW Insurance Portfolio ETF (AMEX:KBWI)

AXS operates in the Insurance Brokers sector, among companies like Aon Corp. (NYSE:AON) which is up about 3.2% today, and Marsh & McLennan Companies Inc. (NYSE:MMC) trading higher by about 4.9%. Below is a three month price history chart comparing the stock performance of AXS, versus AON and MMC.

AXS,AON,MMC Relative Performance Chart


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