Travelers Shares Sinking Lower, Down 2.5%

Published on Mon, 02/04/2013 - 13:28
By Adrienne Chilton in Market movers, TRV, market movers, nyse:trv, travelers

Travelers (NYSE:TRV) is a company whose shares are active, trading 2.5% lower to $77.88. The Dow is down 0.8% to 13,895 and the S&P is currently down 0.9% to 1,500.

In the past 52 weeks, shares of Travelers have traded between a low of $55.86 and a high of $80.44 and are now at $77.88, which is 39% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.3% while the 200-day MA has risen 0.7%.

Travelers (NYSE:TRV) has potential upside of 5.1% based on a current price of $77.88 and analysts' consensus price target of $81.89. The stock should find initial support at its 50-day moving average (MA) of $73.88 and further support at its 200-day MA of $67.46.

The Travelers Companies, Inc. provides commercial property casualty insurance and asset management services to businesses, government units, associations and individuals. The Company underwrites homeowners and auto insurance through independent agents.

By Adrienne Chilton
achilton@fnno.com

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