Insurance Technology Industry News

TMCNet:  Enstar Group Shares Up 19.8% Since SmarTrend's Buy Recommendation (ESGR)

[February 22, 2013]

Enstar Group Shares Up 19.8% Since SmarTrend's Buy Recommendation (ESGR)

Feb 22, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Enstar Group (NASDAQ:ESGR) on December 5th, 2012 at $105.04. In approximately 3 months, Enstar Group has returned 19.79% as of today's recent price of $125.83.

Enstar Group share prices have moved between a 52-week high of $129.83 and a 52-week low of $82.36 and are now trading 52% above that low price at $125.55 per share. The 200-day and 50-day moving averages have moved 0.48% higher and 1.06% higher over the past week, respectively.

Enstar Group Ltd. owns and manages insurance companies that offer run-off insurance. Run-off insurance covers a business owner, after he sells his business, for claims arising from the time during which he owned and operated his business.

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

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