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Progressive Shares Up 19.9% Since SmarTrend's Buy Recommendation (PGR)

By Shiri Gupta

SmarTrend identified an Uptrend for Progressive (NYSE:PGR) on October 14th, 2016 at $32.82. In approximately 6 months, Progressive has returned 19.88% as of today's recent price of $39.35.

In the past 52 weeks, shares of Progressive have traded between a low of $26.67 and a high of $40.74 and are now at $39.35, which is 48% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.3%.

The Progressive Corporation is an insurance holding company. The Company, through its subsidiaries, provide personal and commercial automobile insurance and other specialty property-casualty insurance and related services throughout the United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Progressive shares.

Log in and add Progressive (PGR) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights Progressive

Ticker(s): PGR