Torchmark Corporation (TMK) Shares Slide -0.61%

Torchmark Corporation (TMK) has risen sharply, recording gains of 0.26% in the past 4 weeks. However, the stock has corrected -0.61% in the past 1 week, providing a good buying opportunity on dips. Torchmark Corporation (TMK) : During the past 4 weeks, traders have been relatively bearish on Torchmark Corporation (TMK), hence the stock is down -3% 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 -0.55% relative to the S&P 500.

The stock has recorded a 20-day Moving Average of 0.22% and the 50-Day Moving Average is 1.76%. Torchmark Corporation is up 7.13% in the last 3-month period. Year-to-Date the stock performance stands at 9.03%.


Torchmark Corporation (NYSE:TMK): On Fridays trading session , Opening price of the stock was $61.8 with an intraday high of $62.38. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $61.73. However, the stock managed to close at $61.87, a loss of 0.19% for the day. On the previous day, the stock had closed at $61.99. The total traded volume of the day was 993,449 shares.

Torchmark Corporation is an insurance holding company. The Companys segments include life insurance, health insurance, Medicare Part D, annuities and investment. The life insurance segment offers whole-life insurance, term life insurance and other life insurance products. The health insurance segment offers supplemental limited-benefit health insurance products primarily for cancer and accident plans. It also provides coverage under the Governments Medicare Part D plan. The Company offers single-premium and flexible-premium deferred annuity products. The Company also invests in bonds, preferred stock, common stocks, mortgage loans, real estate, policy loans and others. Its primary subsidiaries are American Income Life Insurance Company, Liberty National Life Insurance Company, Globe Life And Accident Insurance Company, United American Insurance Company and Family Heritage Life Insurance Company of America.

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