Lowest Relative Performance in the Property & Casualty Insurance Industry Detected in Shares of SeaBright Insurance Holdings (SBX, ORI, EIG, PGR, WRB)
Below are the top five companies in the Property & Casualty Insurance industry as measured by lowest relative performance. This analysis was based on yesterday's trading activity as we search for stocks that could be relative bargains.
SeaBright Insurance Holdings (NYSE:SBX) ranks first with a loss of 3.03%; Old Republic International (NYSE:ORI) ranks second with a loss of 1.58%; and Employers Holdings (NYSE:EIG) ranks third with a loss of 1.19%.
Progressive (NYSE:PGR) follows with a loss of 0.56% and WR Berkley (NYSE:WRB) rounds out the top five with a loss of 0.3%.
SmarTrend is bearish on shares of SBX and our subscribers were alerted to Sell on March 05, 2010 at $9.96. The stock has fallen 16.4% since the alert was issued.