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Equities Updates on Insurance Industry -- American Intl. Group, Loews, Hartford Financial Services, The Progressive, and Allstate

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LONDON, July 30, 2014 /PRNewswire/ --

On Tuesday, July 29, 2014, the NASDAQ Composite ended at 4,442.70, down 0.05%, the Dow Jones Industrial Average finished the day 0.42% lower at 16,912.11, and the S&P 500 closed at 1,969.95, down 0.45%. The losses were broad based as nine out of ten sectors ended the session in negative. The S&P 500 Financials Sector Index ended the day at 306.81, down 0.61%, while the index has advanced 0.07% in the last one month. Investor-Edge has initiated coverage on the following equities: American International Group Inc. (NYSE: AIG), Loews Corporation (NYSE: L), The Hartford Financial Services Group Inc. (NYSE: HIG), The Progressive Corporation (NYSE: PGR), and The Allstate Corporation (NYSE: ALL). Free research on these five companies can be accessed at:  


On Tuesday, shares in American International Group Inc. recorded a trading volume of 6.33 million shares, lower than its three months average volume of 7.16 million shares. The stock finished the day at $53.35, down 1.11%, and registered an intraday range of $53.31 and $54.14. Shares of American International Group Inc. have declined 2.31% in the last one month. However, the stock has advanced 1.02% in the previous three months and 4.51% on YTD basis. Furthermore, the company is trading above its 200-day moving average. The stock's 50-day moving average of $54.65 is above its 200-day moving average of $51.31. Additionally, shares of the company traded at a PE ratio of 12.03 and have a Relative Strength Index (RSI) of 40.41. Sign up and read the free notes on AIG at:


Loews Corp.'s stock declined 0.46%, to close Tuesday's session at $43.27, after oscillating between $43.15 and $43.55. The stock recorded a trading volume of 1.13 million shares, close to its three months average volume of 1.14 million shares. Over the last one month and past three months, Loews Corp.'s shares have lost 1.21% and 1.88%, respectively. Also, from the beginning of 2014, the stock has fallen by 10.30%. The company is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $45.24 is above its 50-day moving average of $43.64. Further, Loews Corp.'s stock traded at a PE ratio of 14.01 and has an RSI of 43.43. The complimentary notes on L can be downloaded as in PDF format at:


On Tuesday, shares in The Hartford Financial Services Group Inc. finished the session 0.65% lower at $35.10. A total of 3.48 million shares were traded, which was above its three months average volume of 2.88 million shares. The stock moved between $35.07 and $35.55 during the session. Over the last one month and past three months, shares in The Hartford Financial Services Group Inc. have declined 1.57% and 0.17%, respectively. Also, the stock has lost 3.12% since the start of this year. The company's shares are trading above their 200-day moving average. Moreover, the stock's 50-day moving average of $35.71 is greater than its 200-day moving average of $35.06. Shares of the company traded at a PE ratio of 9.23 and have an RSI of 39.83. Register for free on Investor-Edge and access the latest research on HIG at:


The Progressive Corp.'s stock fluctuated between $23.83 and $24.24 before ending Tuesday's session down 1.32%, at $23.84. The company's stock reported a trading volume of 3.19 million shares, below its three months average volume of 4.27 million shares. Further, The Progressive Corp.'s shares have plummeted 1.97% over the past three trading sessions and 5.62% over the last one month. Also, the stock has declined 8.83% on YTD basis. The company is trading below its 50-day and 200-day moving averages. The stock's 50-day moving average of $25.01 is greater than its 200-day moving average of $24.83. Moreover, shares of The Progressive Corp. traded at a PE ratio of 14.64 and have an RSI of 33.75. The complete research on PGR is available for free at:


The Allstate Corp.'s stock fell by 1.54%, to close Tuesday's session at $57.05, after vacillating between $57.03 and $57.79. The stock recorded a trading volume of 3.31 million shares, above its three months average volume of 2.16 million shares. Over the last one month, The Allstate Corp.'s shares have fallen by 2.79%. However, over the past three months and from the beginning of 2014, the stock has gained 0.28% and 4.60%, respectively. The company is trading above its 200-day moving average. The stock's 50-day moving average of $58.56 is above its 200-day moving average of $55.33. Further, The Allstate Corp.'s stock traded at a PE ratio of 10.05 and has an RSI of 42.50. Free in depth research on ALL is available at:


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