Chubb Limited CB was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $150.38 to $157.06 in the past one-month time frame.
The upmove came after the company reported solid fourth-quarter 2019 results.
The company has seen a mixed track record when it comes to estimate revisions of no increase and four decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Chubb currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.
Chubb Limited Price
Chubb Limited price | Chubb Limited Quote
Investors interested in the Insurance – Property and Casualty industry may consider AXIS Capital Holdings Limited AXS, which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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