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Is it Time to Dump Assurant Inc (AIZ) Stock After it Has Gained 1.36% in a Week?

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Friday, March 15, 2024 03:08 PM | InvestorsObserver Analysts

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Is it Time to Dump Assurant Inc (AIZ) Stock After it Has Gained 1.36% in a Week?

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?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.

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 has gained 0.62% while the S&P 500 has fallen -0.54% as of 2:51 PM on Friday, Mar 15. AIZ is higher by $1.12 from the previous closing price of $179.82 on volume of 199,229 shares. Over the past year the S&P 500 is higher by 31.62% while AIZ is higher by 62.69%. AIZ earned $11.95 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 15.13.

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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