E-L Financial (TSE:ELF) Shares Down 0.2% – Time to Sell?

Shares of E-L Financial Co. Limited (TSE:ELF) traded down 0.2% during trading on Tuesday . The stock traded as low as C$16.51 and last traded at C$16.53. 45,848 shares traded hands during trading, an increase of 9% from the average session volume of 42,165 shares. The stock had previously closed at C$16.56.

E-L Financial Stock Performance

The stock’s 50 day moving average price is C$16.66 and its 200-day moving average price is C$16.01. The company has a market cap of C$5.72 billion, a PE ratio of 4.57 and a beta of 1.39.

Insider Activity

In related news, insider Maria Victoria Duncan Jackman bought 3,800 shares of the stock in a transaction dated Monday, November 17th. The stock was bought at an average price of C$16.75 per share, with a total value of C$63,650.00. Following the purchase, the insider owned 46,500 shares in the company, valued at approximately C$778,875. The trade was a 8.90% increase in their position. Company insiders own 57.79% of the company’s stock.

E-L Financial Company Profile

E-L Financial Corp Ltd operates as an investment and insurance holding company. The firm organizes itself into two segments namely E-L Corporate and Empire Life. The Empire Life operating segment underwrites life and health insurance policies and provides segregated funds, mutual funds, and annuity products whereas, the E-L Corporate segment operations include the oversight of investments in global equities held through holdings of common shares, investment funds, closed-end investment companies, and other private companies.