Old Republic International Corporation (ORI) : Analyst Rating Update

Old Republic International Corporation (ORI) : Zacks Investment Research ranks Old Republic International Corporation (ORI) as 3, which is a Hold recommendation. 1 other analysts are mildly bullish on the stock and favor a Buy. The average broker rating of 1 research analysts is 2, which indicates as a Buy.

Old Republic International Corporation (NYSE:ORI): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $19.14 and $19.03 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $19.24. The buying momentum continued till the end and the stock did not give up its gains. It closed at $19.24, notching a gain of 0.42% for the day. The total traded volume was 1,291,687 . The stock had closed at $19.16 on the previous day.

The company shares have rallied 22.27% from its 1 Year high price. On Jul 1, 2016, the shares registered one year high at $19.18 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $18.92 and the 200 Day Moving Average price is recorded at $18.40.

Old Republic International Corporation is a holding company. The Company is engaged in business of insurance underwriting and related services. The Company conducts its operations through a number of regulated insurance company subsidiaries, which are organized into three segments: General Insurance Group; Title Insurance Group, and the Republic Financial Indemnity Group (RFIG) Run-off Business. General Insurance segment is a commercial lines insurance business with a focus on liability insurance coverages. These coverages are provided to businesses, Government and other institutions. Title Insurance Groups business consists of the issuance of policies to real estate purchasers and investors based upon searches of the public records which contain information concerning interests in real property. RFIG run-off business consists of its mortgage guaranty and CCI operations.

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