Primerica (PRI) : During the past 4 weeks, traders have been relatively bearish on Primerica (PRI), hence the stock is down -8.36% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.59% relative to the S&P 500. The 4-week change in the price of the stock is -8.85% and the stock has fallen -4.43% in the past 1 week.
The stock has recorded a 20-day Moving Average of 5.24% and the 50-Day Moving Average is 3.27%.The 200 Day SMA reached 6.44%
Primerica (NYSE:PRI): After opening at $52.96, the stock dipped to an intraday low of $52.6 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $53.37 and the buying power remained strong till the end. The stock closed at $53.03 for the day, a gain of 0.65% for the day session. The total traded volume was 595,028. The stocks close on the previous trading day was $53.03.
Primerica (PRI) : 2 investment research analysts covering Primerica (PRI) have an average price target of $64 for the near short term. The highest target price given by the Brokerage Firm to the stock is $68 and the lowest target is $60 for the short term. Analysts expect the variance to be within $5.66 of the average price.
Primerica Inc. is a distributor of financial products and focuses on term life insurance, which it underwrites, and mutual funds, annuities and other financial products, which it distributes primarily on behalf of third parties. The Company operates through the Term Life Insurance, Investment and Savings Products, as well as Corporate and Other Distributed Products operating segments to organize, evaluate and manage its business. The Term Life Insurance segment includes underwriting profits on its in-force book of term life insurance policies, net of reinsurance, which are underwritten by its life insurance company subsidiaries. The Investment and Savings Products segment includes mutual funds, managed investments and annuities distributed through licensed broker-dealer subsidiaries and includes segregated funds. The Company also has a Corporate and Other Distributed Products segment, which consists primarily of revenues and expenses related to the distribution of non-core products.