Swiss Life Holding AG (OTCMKTS:SZLMY – Get Free Report) shares crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $56.31 and traded as low as $52.1820. Swiss Life shares last traded at $52.5350, with a volume of 20,636 shares.
Analyst Upgrades and Downgrades
Separately, UBS Group downgraded Swiss Life to a “neutral” rating in a research report on Friday, May 8th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of “Hold”.
Read Our Latest Stock Analysis on SZLMY
Swiss Life Stock Down 0.9%
About Swiss Life
Swiss Life is a leading provider of comprehensive life insurance, pension solutions and wealth management services. Founded in 1857 and headquartered in Zurich, the company has grown from its origins as Schweizerische Rentenanstalt into a diversified financial services group serving both private individuals and corporate clients. Its core offerings include life and health insurance policies, retirement planning products and tailored savings strategies designed to secure long-term financial well-being.
In addition to its traditional insurance business, Swiss Life operates an asset management arm that oversees a broad portfolio of investments ranging from equities and fixed income to real estate.
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