Swiss Life Holding AG (OTCMKTS:SZLMY – Get Free Report) shares saw unusually-strong trading volume on Friday. Approximately 34,269 shares traded hands during mid-day trading, an increase of 173% from the average daily volume of 12,573 shares. The stock last traded at $59.07 and had previously closed at $58.22.
Wall Street Analyst Weigh In
Separately, Barclays upgraded Swiss Life to a “strong-buy” rating in a research report on Wednesday, September 2nd. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy”.
Check Out Our Latest Report on Swiss Life
Swiss Life Price Performance
The business has a fifty day moving average of $55.75 and a 200-day moving average of $55.90.
Swiss Life Company Profile
Swiss Life is a Switzerland-based insurance and financial services group headquartered in Zurich. Founded in 1857, the company provides insurance, retirement planning and financial advice to individuals, companies and institutional clients.
Its core activities include life insurance, occupational and private pension solutions, disability and income protection, and property and casualty insurance, particularly in Switzerland. Swiss Life also offers financial planning and advisory services through its distribution network, as well as asset management and investment solutions for institutional and private clients.
Swiss Life primarily serves customers in Switzerland, France and Germany, while also providing international insurance and employee-benefits solutions in selected markets.
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