Insurance Technology Industry News

TMCNet:  PartnerRe Shares Up 28.3% Since SmarTrend's Buy Recommendation (PRE)

[February 21, 2013]

PartnerRe Shares Up 28.3% Since SmarTrend's Buy Recommendation (PRE)

Feb 21, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for PartnerRe (NYSE:PRE) on March 28th, 2012 at $67.38. In approximately 11 months, PartnerRe has returned 28.32% as of today's recent price of $86.46.

PartnerRe share prices have moved between a 52-week high of $91.24 and a 52-week low of $62.59 and are now trading 38% above that low price at $86.46 per share. The 200-day and 50-day moving averages have moved 0.18% higher and 0.19% higher over the past week, respectively.

PartnerRe Ltd. provides multi-line reinsurance to insurance companies on a worldwide basis through its wholly owned subsidiaries. The Company offers catastrophe, property, automobile, marine, space and aviation, credit/surety, miscellaneous casualty lines, life/annuity. and health.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of PartnerRe shares.Log in and add PartnerRe (PRE) 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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