Progressive Corporation (The) (PGR) : During the past 4 weeks, traders have been relatively bearish on Progressive Corporation (The) (PGR), hence the stock is down -0.62% 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 -1.42% relative to the S&P 500. The 4-week change in the price of the stock is -0.83% and the stock has fallen -2.07% in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 3.02% and the fifty day Moving Average is 2.07%. Progressive Corp. has dropped 3.04% during the last three month period . Year-to-Date the stock performance stands at 4.35%.
Progressive Corporation (The) (PGR) : 9 Wall Street analysts covering Progressive Corporation (The) (PGR) believe that the average level the stock could reach for the short term is $31.67. The maximum price target given is $36 and the minimum target for short term is around $27, hence the standard deviation is calculated at $3.12.
Progressive Corporation (The) (NYSE:PGR): On Fridays trading session , Opening price of the stock was $32.39 with an intraday high of $32.6. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $32.115. However, the stock managed to close at $32.24, a loss of 0.28% for the day. On the previous day, the stock had closed at $32.33. The total traded volume of the day was 2,029,857 shares.
The Progressive Corporation is an insurance holding company. The Companys insurance subsidiaries and mutual insurance company affiliate provide personal auto insurance, commercial auto and truck insurance principally for small businesses, and other specialty property-casualty insurance and related services. The Companys property-casualty insurance products protect its customers against losses due to collision and physical damage to their motor vehicles, uninsured and underinsured bodily injury, and liability to others for personal injury or property damage arising out of the use of those vehicles. Its non-insurance subsidiaries and limited partnership investment affiliate support its insurance and investment operations.