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.

 

 

 

Daily Stock Tracker
Daily Stock Tracker (DST) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. DST has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
DST has not been compensated; directly or indirectly; for producing or publishing this document.
NO WARRANTY
DST, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. DST, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, DST, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither DST nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit