Eastern Insurance Holdings, Inc.
) was a big mover last session, as the company saw its shares
advance more than 15% on the day. The move came on the back of
solid volume too, as far more shares changed hands than in a
normal session. This is a continuation of the recent uptrend for
this insurance company, as the stock is now up more than 17% over
the past one-month time period.
The company has seen 2 positive revisions in the past few weeks
and its earnings consensus has moved up over the past two months,
suggesting there could be more solid trading down the road for
EIHI. So make sure to keep an eye on this stock going forward to
see if this recent jump can turn into more strength down the
Eastern Insurance currently has a Zacks Rank #1 (Strong Buy) and
Other insurance stocks worth considering include
Global Indemnity plc
FBL Financial Group Inc.
CNA Financial Corporation
). All these carry the same Zacks Rank as Eastern Insurance.
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CNA FINL CORP (CNA): Free Stock Analysis
EASTERN INSURNC (EIHI): Free Stock Analysis
FBL FINL GRP-A (FFG): Free Stock Analysis
GLOBAL INDEMNTY (GBLI): Free Stock Analysis
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