What’s Up With Chubb Limited (NYSE:CB)?

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Chubb Limited (NYSE:CB) price is hovering lower on Wednesday, April 17, dropping -1.32% below its previous close.

A look at today’s price movement shows that the recent level at last check reads $245.21. The company’s P/E ratio in the trailing 12-month period read 11.09. Taking into account the 52-week price action we note that the stock hit a 52-week high of $260.58 and 52-week low of $183.71. The stock subtracted -6.08% on its value in the past month.

Chubb Limited, which has a market valuation of $98.19 billion. The company stock has a Forward Dividend ratio of 3.44, while the dividend yield is 1.42%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.

Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give CB a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.

If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 0.63. The overview shows that CB’s price is at present -4.37% off the SMA20 and -4.06% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 30.36, with weekly volatility standing at 1.30%. The indicator jumps to 1.11% when calculated based on the past 30 days. Chubb Limited (NYSE:CB)’s beta value is holding at 0.64, while the average true range (ATR) indicator is currently reading 3.23.

An analysis of the Chubb Limited (NYSE:CB) stock in terms of its daily trading volume indicates that the 3-month average is 1.73 million.

Current records show that the company has 405.27M in outstanding shares. The insiders’ percentage holdings are 0.60% of outstanding shares while the percentage share held by institutions stands at 86.68%. But the 7.07% upside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.

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