Zurich Insurance Group (OTCMKTS:ZFSVF) Stock Price Up 3.1% – Time to Buy?

Shares of Zurich Insurance Group AG (OTCMKTS:ZFSVF) traded up 3.1% during mid-day trading on Monday . The stock traded as high as $744.71 and last traded at $744.71. 139 shares changed hands during mid-day trading, a decline of 72% from the average session volume of 488 shares. The stock had previously closed at $722.00.

Zurich Insurance Group Price Performance

The stock has a 50 day simple moving average of $716.36 and a two-hundred day simple moving average of $712.30.

Hedge Funds Weigh In On Zurich Insurance Group

An institutional investor recently bought a new position in Zurich Insurance Group stock. Saranac Partners Ltd purchased a new position in shares of Zurich Insurance Group AG (OTCMKTS:ZFSVF) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 278 shares of the company’s stock, valued at approximately $198,000. 30.81% of the stock is owned by institutional investors.

Zurich Insurance Group Company Profile

Zurich Insurance Group AG, together with its subsidiaries, provides insurance products and related services in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific. The company operates through Property & Casualty Regions, Life Regions, Farmers, Group Functions and Operations, and Non-Core Businesses segments.