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Assurant Inc: The Winning Streak Continues (AIZ)

By Amy Schwartz

Shares of Assurant Inc (NYSE:AIZ) traded today at $109.01, breaking its 52-week high. This new high was reached on below average trading volume as 105,000 shares traded hands, while the average 30-day volume is approximately 982,000 shares.

In the past 52 weeks, shares of Assurant Inc have traded between a low of $84.34 and a high of $109.01 and are now at $108.03, which is 28% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.9%.

Assurant, Inc. is a global provider of risk management solutions. The Company offers protections for mobile devices and vehicles. Assurant Inc. also offers pre-funded funeral insurance, renters insurance, lender-placed homeowners insurance, mortgage valuation and field services.

Assurant Inc (NYSE:AIZ) defies analysts with a current price ($108.03) 0.5% above its average consensus price target of $107.50. The stock should discover initial support at its 50-day moving average (MA) of $96.62 and subsequent support at its 200-day MA of $95.19.

SmarTrend is tracking the current trend status for Assurant Inc and will alert subscribers who have AIZ in their portfolio or watchlist when shares have changed trend direction.

Keywords: 52 week high/lows assurant inc

Ticker(s): AIZ