HomeRenters InsuranceIs Assurant, Inc. (AIZ) Stock About to Get Hot Tuesday?

Is Assurant, Inc. (AIZ) Stock About to Get Hot Tuesday?


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Tuesday, October 17, 2023 02:48 PM | InvestorsObserver Analysts

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Is Assurant, Inc. (AIZ) Stock About to Get Hot Tuesday?

The market has been high on Assurant, Inc. (AIZ) stock recently. AIZ gets a Bullish score from InvestorsObserver Stock 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 uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.

Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.

InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.

The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What’s Happening With AIZ Stock Today?

Assurant, Inc. (AIZ) stock is higher by 2.08% while the S&P 500 is down -0.13% as of 2:37 PM on Tuesday, Oct 17. AIZ is up $3.12 from the previous closing price of $149.88 on volume of 128,653 shares. Over the past year the S&P 500 has risen 18.77% while AIZ is up 0.98%. AIZ earned $6.42 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 23.86.

To see InvestorsObserver’s Sentiment Score for 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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