Eye On The Markets

Stock Performance Review on Life Insurance Industry

In Review: AEGON, American Equity Investment Life, Manulife Financial, and Torchmark

NEW YORK, September 7, 2017 /PRNewswire/ –¬†On Wednesday, the NASDAQ Composite ended the day at 6,393.31, up 0.28%; the Dow Jones Industrial Average edged 0.25% higher, to finish at 21,807.64; and the S&P 500 closed at 2,465.54, marginally gaining 0.31%.

Gains were broad based as eight out of nine sectors finished the trading session in green. DailyStockTracker.com has initiated research reports on the following Life Insurance stocks: AEGON N.V. (NYSE: AEG), American Equity Investment Life Holding Co. (NYSE: AEL), Manulife Financial Corp. (NYSE: MFC), and Torchmark Corp. (NYSE: TMK). Daily Stock Tracker published comprehensive and free research reports on these stocks today here.

AEGON

The Hague, the Netherlands headquartered AEGON N.V.’s stock finished Wednesday’s session 0.90% higher at $5.58. A total volume of 1.71 million shares was traded, which was above its three months average of 1.63 million shares.

The stock has gained 14.58% over the past three months and 35.77% in the previous twelve months. Shares of the Company are trading above their 50-day and 200-day moving averages by 0.64% and 4.16%, respectively. Moreover, shares of AEGON, which provides life insurance, pensions, and asset management services, have a Relative Strength Index (RSI) of 43.96. AEG complete research report is available here.

American Equity Investment Life Holding

Shares in West Des Moines, Iowa-based American Equity Investment Life Holding Co. rose 0.18%, ending yesterday’s session at $27.60.

A total volume of 591,641 shares was traded, which was above its three months average of 553.22 thousand shares. The stock has gained 18.40% in the previous three months, 56.55% over the past twelve months, and 22.45% on an YTD basis. The Company’s shares are trading above their 50-day and 200-day moving averages by 0.91% and 11.04%, respectively.

Moreover, shares of the Company, which through its subsidiaries, develops and sells fixed index and fixed rate annuity products in the US, have an RSI of 48.35. The complimentary report on AEL can be downloaded here.

Manulife Financial

On Wednesday, Toronto, Canada headquartered Manulife Financial Corp.’s stock saw a rise of 0.83%, to close the day at $19.55.

A total volume of 2.12 million shares was traded. The Company’s shares have advanced 13.86% in the previous three months and 41.26% over the last twelve months. The stock is trading above its 200-day moving average by 6.18%. Additionally, shares of Manulife Financial, which together with its subsidiaries, provides financial advice, insurance, and wealth and asset management solutions for individuals, groups, and institutions in Asia, Canada, and the US, have an RSI of 47.01. For a research report on MFC visit here.

Torchmark

Gains were broad based as eight out of nine sectors finished the trading session in green

Shares in McKinney, Texas headquartered Torchmark Corp. ended the day 0.24% higher at $76.05. A total volume of 431,343 shares was traded, which was above their three months average volume of 419.05 thousand shares.

The stock has gained 16.91% over the last twelve months. The Company’s shares are trading above their 200-day moving average by 0.18%. Furthermore, shares of Torchmark, which through its subsidiaries, provides various life and health insurance products, and annuities in the US, Canada, and New Zealand, have an RSI of 37.64.

For a research report on TMK visit here.

 

 

 

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