HomeRenters InsuranceIs it Time to Dump Assurant, Inc. (AIZ) Stock After it Is...

Is it Time to Dump Assurant, Inc. (AIZ) Stock After it Is Up 6.90% in a Week?


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Friday, August 04, 2023 02:51 PM | InvestorsObserver Analysts

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Is it Time to Dump Assurant, Inc. (AIZ) Stock After it Is Up 6.90% in a Week?

Assurant, Inc. (AIZ) stock is higher by 6.90% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bullish
Assurant, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on AIZ!

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.

As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.

Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock’s trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.

InvestorsObserver‘s Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.

Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What’s Happening With AIZ Stock Today?

Assurant, Inc. (AIZ) stock is up 0.55% while the S&P 500 is lower by -0.35% as of 2:48 PM on Friday, Aug 4. AIZ is up $0.78 from the previous closing price of $141.69 on volume of 186,217 shares. Over the past year the S&P 500 is higher by 7.96% while AIZ is lower by -7.55%. AIZ earned $6.42 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 22.2.

To screen for more stocks like Assurant, Inc. click here.

More About Assurant, Inc.

Assurant Inc offers a range of property-casualty, health, employee benefit, and warranty insurance to a client base made up of individuals and institutions. Its segments are Global Housing, Global Lifestyle, Corporate and Other. Global Housing segment, the key revenue-generating segment, provides lender-placed homeowners insurance, lender-placed manufactured housing insurance and lender-placed flood insurance; renters insurance and related products; and voluntary manufactured housing insurance, voluntary homeowners insurance and other specialty products. Global Lifestyle provides mobile device solutions and extended service products and related services for mobile devices, consumer electronics and appliances; vehicle protection; and credit protection and other insurance products.

Click Here to get the full Stock Report for Assurant, Inc. stock.

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