Insurance Technology Industry News

TMCNet:  Assured Guaranty Shares Up 15.9% Since SmarTrend's Buy Recommendation (AGO)

[January 24, 2013]

Assured Guaranty Shares Up 15.9% Since SmarTrend's Buy Recommendation (AGO)

Jan 24, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Assured Guaranty (NYSE:AGO) on December 7th, 2012 at $14.50. In approximately 2 months, Assured Guaranty has returned 15.93% as of today's recent price of $16.81.

In the past 52 weeks, Assured Guaranty share prices have been bracketed by a low of $11.17 and a high of $19.04 and are now at $16.81, 50% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.9%.

Assured Guaranty Ltd. provides financial guaranty insurance and reinsurance, as well as mortgage guaranty coverage. The Company's products include guaranties for municipal finance, structured finance, and corporate bonds.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Assured Guaranty shares.Log in and add Assured Guaranty (AGO) 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 --------------------------------------------------------------------------------------------- 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 Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

[ Back To Insurance Technology's Homepage ]