CNO Financial Group (CNO) Shares are Up 1.76%

CNO Financial Group (CNO) has been under a strong bear grip, hence the stock is down -15.4% 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 1.79% in the past 1 week. The stock has risen by 1.76% in the past week indicating that the buyers are active at lower levels, but the stock is down -15.07% in the past 4 weeks.

CNO Financial Group, Inc. has dropped 20.08% during the last 3-month period . Year-to-Date the stock performance stands at -17.59%. The stock has recorded a 20-day Moving Average of 3.75% and the 50-Day Moving Average is 9.62%.


CNO Financial Group (NYSE:CNO): The stock opened at $15.65 on Friday but the bulls could not build on the opening and the stock topped out at $15.65 for the day. The stock traded down to $15.48 during the day, due to lack of any buying support eventually closed down at $15.61 with a loss of -0.26% for the day. The stock had closed at $15.65 on the previous day. The total traded volume was 1,066,771 shares.

Also, Equity Analysts at the Keefe Bruyette & Woods maintains the rating on CNO Financial Group (NYSE:CNO). The brokerage firm has issued a Market Perform rating on the shares. The Analysts at the ratings agency lowers the price target from $20 per share to $19 per share. The rating by the firm was issued on August 2, 2016.

CNO Financial Group, Inc. is a holding company for a group of insurance companies operating throughout the United States that develop, market and administer health insurance, annuity, individual life insurance and other insurance products. The Company manages its business through three operating segments: Bankers Life, Washington National and Colonial Penn. Bankers Life markets and distributes Medicare supplement insurance, interest-sensitive life insurance, traditional life insurance, fixed annuities and long-term care insurance products. Washington National markets and distributes supplemental health, including specified disease, accident and hospital indemnity insurance products, and life insurance. Colonial Penn markets primarily graded benefit and simplified issue life insurance.

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