Torchmark Corporation (TMK) Shares are Up 0.06%

Torchmark Corporation (TMK) : During the past 4 weeks, traders have been relatively bearish on Torchmark Corporation (TMK), hence the stock is down -1.3% 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 -0.1% relative to the S&P 500. The stock has risen by 0.06% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.83% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 0.73% and the 50-Day Moving Average is 1.15%.The 200 Day SMA reached 10.13%

Torchmark

Torchmark Corporation (NYSE:TMK): After opening at $63.58, the stock dipped to an intraday low of $63.36 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $64.2 and the buying power remained strong till the end. The stock closed at $63.89 for the day, a gain of 1.04% for the day session. The total traded volume was 585,430. The stocks close on the previous trading day was $63.89.

Torchmark Corporation (TMK) : The most positive equity analysts on Torchmark Corporation (TMK) expects the shares to touch $70, whereas, the least positive believes that the stock will trade at $53 in the short term. The company is covered by 6 Wall Street Brokerage Firms. The average price target for shares are $58.5 with an expected fluctuation of $6.02 from the mean.

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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