Zacks Investment Research downgraded Arch Capital Group Ltd. (NASDAQ:ACGL) to Hold in a statement released earlier today.
- Updated: October 5, 2016
Boasting a price of $77.30, Arch Capital Group Ltd. (NASDAQ:ACGL) traded -2.69% lower on the day. With the last stock price close up 5.17% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Arch Capital Group Ltd. has recorded a 50-day average of $80.45 and a two hundred day average of $73.50. Volume of trade was up over the average, with 574,777 shares of ACGL changing hands over the typical 374,508
Zacks Investment Research has downgraded Arch Capital Group Ltd. (NASDAQ:ACGL) to Hold in a statement released on Wednesday October 05, 2016.
On Thursday September 15, 2016, Barclays Capital released a statement for Arch Capital Group Ltd. (NASDAQ:ACGL) bumped up the target price from $0.00 to $85.00 that suggested an upside of 0.05%.
With a total market value of $0, Arch Capital Group Ltd. has price-earnings ratio of 19.98 with a one year low of $59.83 and a one year high of $85.16 .
Brief Synopsis About Arch Capital Group Ltd. (NASDAQ:ACGL)
Arch Capital Group Ltd. writes insurance and reinsurance on worldwide basis. The Company operates in five segments: insurance, reinsurance, mortgage, other and corporate. The Company's insurance, reinsurance and mortgage segments are underwriting segments. The insurance segment's product lines include construction and national accounts; excess and surplus casualty; lenders products; professional lines; programs; property, energy, marine and aviation; travel, accident and health, and other, which includes alternative market risks and excess workers' compensation. The reinsurance segment's product lines include casualty; marine and aviation; other specialty; property catastrophe; property excluding property catastrophe, and other, which includes life reinsurance and casualty clash businesses. The mortgage segment includes the results of Arch Mortgage Insurance Company (Arch MI U.S.) and Arch Mortgage Insurance Designated Activity Company (Arch MI Europe).
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.