On Tuesday, Arch Capital Group Ltd (NASDAQ: ACGL) opened lower -0.07% from the last session, before settling in for the closing price of $93.85. Price fluctuations for ACGL have ranged from $69.05 to $95.01 over the past 52 weeks.
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During the last 5-year period, the sales growth of Financial Sector giant was 20.50%. Company’s average yearly earnings per share was noted -4.82% at the time writing. With a float of $362.98 million, this company’s outstanding shares have now reached $373.40 million.
Let’s determine the extent of company efficiency that accounts for 6400 employees.
Arch Capital Group Ltd (ACGL) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Insurance – Diversified industry is another important factor to consider. The insider ownership of Arch Capital Group Ltd is 3.24%, while institutional ownership is 88.97%. The most recent insider transaction that took place on Mar 07 ’24, was worth 5,251,302. In this transaction OFFICER OF SUBSIDIARY of this company sold 60,000 shares at a rate of $87.52, taking the stock ownership to the 651,931 shares. Before that another transaction happened on Mar 07 ’24, when Company’s EVP AND CFO sold 25,689 for $87.47, making the entire transaction worth $2,247,030. This insider now owns 221,779 shares in total.
Arch Capital Group Ltd (ACGL) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -4.82% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 19.70% during the next five years compared to 46.40% growth over the previous five years of trading.
Arch Capital Group Ltd (NASDAQ: ACGL) Trading Performance Indicators
Check out the current performance indicators for Arch Capital Group Ltd (ACGL). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.63. Likewise, its price to free cash flow for the trailing twelve months is 6.18.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 11.61, a number that is poised to hit 2.09 in the next quarter and is forecasted to reach 8.56 in one year’s time.
Technical Analysis of Arch Capital Group Ltd (ACGL)
Looking closely at Arch Capital Group Ltd (NASDAQ: ACGL), its last 5-days average volume was 1.34 million, which is a drop from its year-to-date volume of 1.71 million. As of the previous 9 days, the stock’s Stochastic %D was 79.20%. Additionally, its Average True Range was 1.64.
During the past 100 days, Arch Capital Group Ltd’s (ACGL) raw stochastic average was set at 94.45%, which indicates a significant increase from 78.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.29% in the past 14 days, which was higher than the 21.32% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $89.73, while its 200-day Moving Average is $82.39. However, in the short run, Arch Capital Group Ltd’s stock first resistance to watch stands at $94.29. Second resistance stands at $94.79. The third major resistance level sits at $95.21. If the price goes on to break the first support level at $93.36, it is likely to go to the next support level at $92.94. Now, if the price goes above the second support level, the third support stands at $92.44.
Arch Capital Group Ltd (NASDAQ: ACGL) Key Stats
There are currently 375,145K shares outstanding in the company with a market cap of 35.18 billion. Presently, the company’s annual sales total 13,634 M according to its annual income of 4,443 M. Last quarter, the company’s sales amounted to 3,975 M and its income totaled 2,334 M.
