W. R. Berkley Corporation (NYSE:WRB) went up by 0.10% during the previous trading session, and it is maintaining the win ahead of Thursday’s trading session. The share price of the Insurance – Property & Casualty giant went up by $58.38 to trade ended Thursday trading at $58.32. This is up from the $58.32 price recorded on Wednesday’s trading session. Its performance from the start of the year has also been negative, with WRB down by -15.51% year-to-date.
W. R. Berkley Corporation (WRB) started the day trading at $57.56 and recorded an intraday high of $59.083. It also recorded an intraday low of $57.42 during Thursday’s trading session. W. R. Berkley Corporation is a very active stock that recorded a trading volume that is less than -36.61% of the average daily trading volume on Thursday. The stock’s trading volume on Thursday was 797884, which is less than -36.61 of the total average daily trading volume of 1.09 million.
W. R. Berkley Corporation (NYSE:WRB) 2020 Performance Impressive
The increase in WRB’s stock price on Thursday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of WRB currently stands at $79.92, which is higher than the current trading price of the stock by 26.95%. However, WRB’s current trading price is -35.61% lower than the 52-week low price of $43.05. In terms of trading volume, W. R. Berkley Corporation currently experienced healthy participation during the last trading session. 797884 shares of W. R. Berkley Corporation were traded on the stock exchange on Thursday, which is less than -36.61% of the 1.09 million average trading volume of the stock.
The performance of the stock has been positive over the past year. WRB’s performance over the past one year has seen it plunge by -11.12%, while the stock has gone down by -16.08% in the last six months. The quarterly performance of WRB currently stands at 20.50%, and it is up by 13.76% in the last month. The only positive figure was from the weekly performance, which currently reads 4.16%. At the time of writing WRB’s report, the company has a total market cap of $10.26B, making it one of the largest publicly-traded companies in the world.W. R. Berkley Corporation also has over 7493 employees all over the world.
WRB Insider Activities
For W. R. Berkley Corporation, insiders hold 74.50% of all company shares. The insider transactions over the past six months are up by 0.60%. During that period, insiders bought 135,643 shares in 11 transactions. In that same period, insiders sold 104,296 of their shares in 2 transactions. After these transactions, insiders at W. R. Berkley Corporation now hold 42.48M shares, which is over 74.13% of the total company stocks. Institutional investors currently hold a large chunk of the WRB shares, as they control 23.77% of the company’s total stock.
WRB Fundamental Analysis
For W. R. Berkley Corporation, the stock’s diluted earnings per share (EPS) stands at 2.57. In the coming year, analysts expect the EPS to be 3.04. The EPS growth will up over the next five years to 9.00% after surging by 1.70% in the previous five years. In terms of revenue, W. R. Berkley Corporation’s quarterly sales (YOY) is growing at 0.43, which is lower than the average annual revenue of 1.70% over the past half a decade.
The Return on Investment (ROI) on W. R. Berkley Corporation’s stock currently stands at 9.30%, and it has a net profit margin of 6.40%. The operating margin of the company is 9.30%.
WRB Analysts Prediction
Analysts at Credit Suisse believe that WRB is Outperform, and they have a price target of between $77.50 and $88.
At the moment, W. R. Berkley Corporation’s Total Debt to Equity ratio stands at 0.48, and they have a long-term Debt to Equity ratio of 0.48.
WRB Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of WRB currently stands at -0.84%, while the SMA50 is 5.83%. The biggest one is the SMA200, which is currently reading -9.87% ahead of Thursday’s trading session. The Relative Strength Index of this stock is 52.46, while its price to earnings ratio (P/E) is 22.72.