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Should You Buy Assurant, Inc. (AIZ) Stock After it Has Risen 4.29% in a Week?

Assurant Inc. Down 3.24% To $131.22 After Earnings Beat


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Friday, June 16, 2023 03:46 PM | InvestorsObserver Analysts

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Overall market sentiment has been high on Assurant, Inc. (AIZ) stock lately. AIZ receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

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.

Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.

InvestorsObserver‘s Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.

Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What’s Happening With AIZ Stock Today?

Assurant, Inc. (AIZ) stock has risen 1.67% while the S&P 500 has fallen -0.18% as of 3:43 PM on Friday, Jun 16. AIZ is up $2.15 from the previous closing price of $128.75 on volume of 262,911 shares. Over the past year the S&P 500 is higher by 16.56% while AIZ has fallen -24.44%. AIZ earned $4.47 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 29.36.

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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