Cincinnati Financial Corporation (CINF) has risen sharply, recording gains of 0.07% in the past 4 weeks. However, the stock has corrected -0.27% in the past 1 week, providing a good buying opportunity on dips. Cincinnati Financial Corporation (CINF) : During the past 4 weeks, traders have been relatively bearish on Cincinnati Financial Corporation (CINF), hence the stock is down -3.19% 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 -0.2% relative to the S&P 500.
The stock has recorded a 20-day Moving Average of 0.77% and the 50-Day Moving Average is 4.22%. Cincinnati Financial Corp. is up 13.96% in the last 3-month period. Year-to-Date the stock performance stands at 28.06%.
Cincinnati Financial Corporation (NASDAQ:CINF): On Fridays trading session , Opening price of the stock was $75.25 with an intraday high of $75.37. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $74.64. However, the stock managed to close at $74.7, a loss of 0.72% for the day. On the previous day, the stock had closed at $75.24. The total traded volume of the day was 1,443,545 shares.
Cincinnati Financial Corporation is an insurance holding company. The Company is engaged in the business of property casualty insurance marketed through independent insurance agencies in 39 states. The Company operates through five segments: Commercial lines, Personal lines, Excess and surplus lines, Life insurance and Investments. It operates through its three subsidiaries: The Cincinnati Insurance Company, CSU Producer Resources Inc. and CFC Investment Company. Its market property casualty insurance group includes two of those subsidiaries: The Cincinnati Casualty Company and The Cincinnati Indemnity Company. This group writes a range of business, homeowner and auto policies. Other subsidiaries of The Cincinnati Insurance Company include The Cincinnati Life Insurance Company, which provides life insurance, disability income policies and fixed annuities, and The Cincinnati Specialty Underwriters Insurance Company, which offers excess and surplus lines insurance products.