For the readers interested in the stock health of Arch Capital Group Ltd. (ACGL). It is currently valued at $33.55. When the transactions were called off in the previous session, Stock hit the highs of $33.62, after setting-off with the price of $33.44. Company’s stock value dipped to $32.19 during the trading on the day. When the trading was stopped its value was $33.18.
Recently in News on December 4, 2020, AM Best Affirms Credit Ratings of Arch Capital Group Ltd. And Its Subsidiaries. AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa-” of Arch Reinsurance Ltd. (Arch) (Bermuda) and its strategic affiliates. Concurrently, AM Best has affirmed the Long-Term ICR of “a-” and the Long-Term Issue Credit Ratings (Long-Term IRs) of Arch Capital Group Ltd. (Arch Capital) (Bermuda) [NASDAQ: ACGL], the ultimate holding company; Arch Capital Group (US) Inc (Delaware); and Arch Capital Finance LLC (Delaware). (See below for a detailed listing of the companies and ratings.) The outlook of these Credit Ratings (ratings) is stable. You can read further details here
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Arch Capital Group Ltd. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $48.32 on 02/19/20, with the lowest value was $20.93 for the same time period, recorded on 05/14/20.
Arch Capital Group Ltd. (ACGL) full year performance was -18.49%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Arch Capital Group Ltd. shares are logging -30.57% during the 52-week period from high price, and 60.30% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $20.93 and $48.32.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 3522596 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Arch Capital Group Ltd. (ACGL) recorded performance in the market was -21.78%, having the revenues showcasing 7.67% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 12.99B, as it employees total of 4300 workers.
The Analysts eye on Arch Capital Group Ltd. (ACGL)
During the last month, 8 analysts gave the Arch Capital Group Ltd. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 4 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 31.54, with a change in the price was noted +3.51. In a similar fashion, Arch Capital Group Ltd. posted a movement of +11.68% for the period of last 100 days, recording 1,752,570 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for ACGL is recording 0.26 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.26.
Technical rundown of Arch Capital Group Ltd. (ACGL)
Raw Stochastic average of Arch Capital Group Ltd. in the period of last 50 days is set at 71.53%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 45.25%. In the last 20 days, the company’s Stochastic %K was 39.11% and its Stochastic %D was recorded 43.92%.
Considering, the past performance of Arch Capital Group Ltd., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -21.78%. Additionally, trading for the stock in the period of the last six months notably improved by 10.73%, alongside a downfall of -18.49% for the period of the last 12 months. The shares increased approximately by 1.33% in the 7-day charts and went up by -2.58% in the period of the last 30 days. Common stock shares were driven by 7.67% during last recorded quarter.