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Shares of TPRE Down 13.2% Since Downtrend Call on Shares

By David Diaz

SmarTrend identified a Downtrend for Third Point Rein (NYSE:TPRE) on December 8th, 2017 at $15.33. In approximately 4 months, Third Point Rein has returned 13.21% as of today's recent price of $13.30.

In the past 52 weeks, Third Point Rein share prices have been bracketed by a low of $11.00 and a high of $17.10 and are now at $13.30, 21% above that low price. The 200-day and 50-day moving averages have moved 0.55% lower and 0.04% higher over the past week, respectively.

Third Point Reinsurance Ltd. provides reinsurance services. The Company offers property and casualty reinsurance products and solutions. Third Point Reinsurance serves customers globally.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Third Point Rein.

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

Keywords: spotlights third point rein

Ticker(s): TPRE