Progressive Corporation (The) (PGR) has been under a strong bear grip, hence the stock is down -4.71% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.21% in the past 1 week. The stock has risen by 0.71% in the past week indicating that the buyers are active at lower levels, but the stock is down -4.84% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 2.1% and the 50-Day Moving Average is 1.54%.The 200 Day SMA reached 0.7%. Progressive Corp. has dropped 0.92% during the last 3-month period . Year-to-Date the stock performance stands at 5.09%.
Progressive Corporation (The) (NYSE:PGR): The stock opened in the green at $32.6 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $32.735 and a low of $32.31 for the day. The stock did not find buyers even at the lows and closed at $32.47 recording a loss of -0.15%. 2,333,534 shares exchanged hands during the trading day. The stock had closed at $32.52 in the previous days trading.
The Progressive Corporation is an insurance holding company. The Companys insurance subsidiaries and mutual insurance company affiliate provide personal auto insurance, commercial auto and truck insurance principally for small businesses, and other specialty property-casualty insurance and related services. The Companys property-casualty insurance products protect its customers against losses due to collision and physical damage to their motor vehicles, uninsured and underinsured bodily injury, and liability to others for personal injury or property damage arising out of the use of those vehicles. Its non-insurance subsidiaries and limited partnership investment affiliate support its insurance and investment operations.