user warning: Got error 28 from storage engine query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 584868 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Shares of Verisk Analytics Rise Above Previous 52-Week High

Published on Wed, 10/16/2013 - 15:30
By Peter Chu

Verisk Analytics (NASDAQ:VRSK) traded today at a new 52-week high of $67.99. This new high was reached on below average trading volume as 285,000 shares traded hands, while the average 30-day volume is approximately 678,000 shares.

In the past 52 weeks, shares of Verisk Analytics have traded between a low of $45.04 and a high of $67.99 and are now at $67.88, which is 51% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has risen 0.4%.

Verisk Analytics, Inc. provides actuarial and underwriting data to U.S. property and casualty, and insurance risks. The Company offers solutions for detecting fraud in the U.S. property and casualty insurance, healthcare and mortgage industries as well as methods to predict and quantify loss in diverse contexts ranging from natural catastrophes to health insurance.

Potential upside of 1.4% exists for Verisk Analytics, based on a current level of $67.88 and analysts' average consensus price target of $68.86. The stock should discover initial support at its 50-day moving average (MA) of $64.11 and subsequent support at its 200-day MA of $60.08.

By Peter Chu
pchu@fnno.com