Large Inflow of Money Witnessed in Everest Re Group Ltd.

Everest Re Group Ltd. (NYSE:RE) traded negative at $175.03. On an intraday basis, the price dropped -0.06 points or -0.03%. The composite uptick value was $9.38 million while the combined downtick value was $6.54. The net money flow was $2.84 million while the up/down ratio was not very comforting at 1.43. The shares on a weekly note has seen a change in share price of -0.21%.According to the trading data, the shares saw a block trade with $1.88 million in upticks and $0 million in downticks. The up/down ratio for the block was calculated to be 0. The net money flow for the block trade was 1.88.


The stock has recorded a 20-day Moving Average of 0.99% and the 50-Day Moving Average is 4.13%. The company shares have dropped 6.01% in the past 52 Weeks. On April 21, 2016 The shares registered one year high of $199.98 and one year low was seen on January 20, 2016 at $167.07. The 50-day moving average is $179.63 and the 200 day moving average is recorded at $184.87. S&P 500 has rallied 1.93% during the last 52-weeks.

Everest Re Group Ltd. (NYSE:RE): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $175.51 and $174.45 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $176.06. The buying momentum continued till the end and the stock did not give up its gains. It closed at $175.34, notching a gain of 0.14% for the day. The total traded volume was 232,774 . The stock had closed at $175.09 on the previous day.

Currently the company Insiders own 1.3% of Everest Re Group Ltd. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -5.27% . Institutional Investors own 93.44% of Everest Re Group Ltd. shares. During last six month period, the net percent change held by insiders has seen a change of -3.3%. On the companys insider trading activities, Dunne John R, director of Everest Re Group Ltd, unloaded 600 shares at an average price of $195 on April 6, 2016. The total amount of the transaction was worth $117,000, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Everest Re Group, Ltd. (Group), through its subsidiaries, is engaged in the underwriting of reinsurance and insurance in the United States, Bermuda and international markets. The Company underwrites reinsurance both through brokers and directly with ceding companies. The Company underwrites insurance principally through general agent relationships, brokers and surplus lines brokers. The Company operates in segments: U.S. Reinsurance segment, International segment, Bermuda segment, Insurance segment and Mt. Logan Re segment. The Company offers treaty and facultative reinsurance and admitted and non-admitted insurance. The Companys products include the range of property and casualty reinsurance and insurance coverages, including marine, aviation, surety, errors and omissions liability (E&O), directors and officers liability (D&O), medical malpractice, other specialty lines, accident and health (A&H) and workers compensation.

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