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MIG Makes Bullish Cross Above Critical Moving Average

By Market News Video Staff, Monday, November 28, 11:30 AM ET
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In trading on Monday, shares of Meadowbrook Insurance Group Inc (NYSE:MIG) crossed above their 200 day moving average of $9.71, changing hands as high as $9.74 per share. Meadowbrook Insurance Group Inc shares are currently trading up about 2.4% on the day. The chart below shows the one year performance of MIG shares, versus its 200 day moving average:

Meadowbrook Insurance Group Inc 200 Day Moving Average Chart

Looking at the chart above, MIG's low point in its 52 week range is $8.27 per share, with $10.90 as the 52 week high point that compares with a last trade of $9.66.

MIG operates in the Insurance Brokers sector, among companies like Allstate Corp. (NYSE:ALL) which is up about 2.7% today, and Loews Corp. (NYSE:L) trading higher by about 2.8%. Below is a three month price history chart comparing the stock performance of MIG, versus ALL and L.

MIG,ALL,L Relative Performance Chart


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