On Monday, Selective Insurance Group Inc. (NASDAQ: SIGI) opened lower -1.73% from the last session, before settling in for the closing price of $98.68. Price fluctuations for SIGI have ranged from $81.00 to $109.58 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Financial sector saw sales topped by 10.37%. Company’s average yearly earnings per share was noted -34.04% at the time writing. With a float of $60.26 million, this company’s outstanding shares have now reached $60.64 million.
The extent of productivity of a business whose workforce counts for 2650 workers is very important to gauge. In terms of profitability, gross margin is 97.35%, operating margin of 29.66%, and the pretax margin is 6.42%.
Selective Insurance Group Inc. (SIGI) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Insurance – Property & Casualty industry is another important factor to consider. The insider ownership of Selective Insurance Group Inc. is 0.94%, while institutional ownership is 84.31%. The most recent insider transaction that took place on Jul 23 ’24, was worth 171,700. In this transaction Director of this company bought 2,000 shares at a rate of $85.85, taking the stock ownership to the 20,651 shares. Before that another transaction happened on Jul 22 ’24, when Company’s President and CEO bought 2,400 for $83.56, making the entire transaction worth $200,532. This insider now owns 136,397 shares in total.
Selective Insurance Group Inc. (SIGI) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -34.04% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 16.46% during the next five years compared to 14.28% growth over the previous five years of trading.
Selective Insurance Group Inc. (NASDAQ: SIGI) Trading Performance Indicators
Check out the current performance indicators for Selective Insurance Group Inc. (SIGI). In the past quarter, the stock posted a quick ratio of N/A. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.30. Likewise, its price to free cash flow for the trailing twelve months is 7.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.67, a number that is poised to hit 2.00 in the next quarter and is forecasted to reach 7.72 in one year’s time.
Technical Analysis of Selective Insurance Group Inc. (SIGI)
The latest stats from [Selective Insurance Group Inc., SIGI] show that its last 5-days average volume of 0.42 million was superior to 0.35 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 87.11%. Additionally, its Average True Range was 1.89.
During the past 100 days, Selective Insurance Group Inc.’s (SIGI) raw stochastic average was set at 72.05%, which indicates a significant decrease from 74.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.04% in the past 14 days, which was lower than the 38.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $91.29, while its 200-day Moving Average is $96.72. Now, the first resistance to watch is $98.29. This is followed by the second major resistance level at $99.62. The third major resistance level sits at $100.29. If the price goes on to break the first support level at $96.29, it is likely to go to the next support level at $95.62. The third support level lies at $94.29 if the price breaches the second support level.
Selective Insurance Group Inc. (NASDAQ: SIGI) Key Stats
There are currently 60,792K shares outstanding in the company with a market cap of 5.90 billion. Presently, the company’s annual sales total 4,232 M according to its annual income of 365,240 K. Last quarter, the company’s sales amounted to 1,196 M and its income totaled -63,320 K.
