Insurance Technology Industry News

TMCNet:  Employers Holdings Shares Up 12.7% Since SmarTrend's Buy Recommendation (EIG)

[December 18, 2012]

Employers Holdings Shares Up 12.7% Since SmarTrend's Buy Recommendation (EIG)

Dec 18, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Employers Holdings (NYSE:EIG) on March 26th, 2012 at $17.93. In approximately 9 months, Employers Holdings has returned 12.69% as of today's recent price of $20.20.

In the past 52 weeks, Employers Holdings share prices have been bracketed by a low of $15.89 and a high of $20.27 and are now at $20.20, 27% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.4%.

Employers Holdings, Inc. provides workers' compensation insurance. The Company focuses on small businesses involved in low to medium hazard industries.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Employers Holdings shares.Log in and add Employers Holdings (EIG) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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