Insurance Technology Industry News

TMCNet:  Shares of ASI Up 24.5% Since Uptrend Call on Shares

[February 21, 2013]

Shares of ASI Up 24.5% Since Uptrend Call on Shares

Feb 21, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for American Safety Insurance Hold (NYSE:ASI) on December 18th, 2012 at $17.63. In approximately 2 months, American Safety Insurance Hold has returned 24.48% as of today's recent price of $21.94.

In the past 52 weeks, American Safety Insurance Hold share prices have been bracketed by a low of $15.75 and a high of $22.10 and are now at $22.10, 40% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.0% while the 200-day MA has risen 0.2%.

American Safety Insurance Holdings, Ltd., through its subsidiaries, develops, underwrites, manages, and markets primary casualty insurance and reinsurance programs in the alternative insurance market for environmental risks, and other specialty risks.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of American Safety Insurance Hold shares.Log in and add American Safety Insurance Hold (ASI) 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

[ Back To Insurance Technology Homepage's Homepage ]

FREE Insurance Technology enewslettter.

Events

Weekly Live Demo
Contact Center Solutions

Register Today!