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Shares of Wr Berkley Corp Has Risen Above Previous 52-Week High

By David Diaz

Shares of Wr Berkley Corp (NYSE:WRB) traded at a new 52-week high today of $79.74. So far today approximately 80,000 shares have been exchanged, as compared to an average 30-day volume of 514,000 shares.

W. R. Berkley Corporation operates as an insurance agency. The Company offers property casualty insurance and reinsurance products. W. R. Berkley serves customers globally.

Over the past year, Wr Berkley Corp has traded in a range of $54.70 to $79.74 and is now at $76.87, 41% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.5%.

Wr Berkley Corp (NYSE:WRB) is currently priced 6.0% above its average consensus analyst price target of $72.29. Wr Berkley Corp shares have support at the 50-day moving average (MA) of $54.80 and additional support at the 200-day MA of $54.25.

SmarTrend recommended that subscribers consider buying shares of Wr Berkley Corp on February 27th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $69.90. Since that recommendation, shares of Wr Berkley Corp have risen 6.3%. We continue to monitor WRB for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows wr berkley corp

Ticker(s): WRB