Skip Navigation Links
SEARCH  



 
Bookmark and Share
This Morning's Technical Outlook on Insurance Stocks -- ING Groep, Genworth Financial, Lincoln National, and Torchmark

NEW YORK, Dec. 8, 2017 /PRNewswire/ --In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on ING, GNW, LNC, and TMK which is a click away at www.wallstequities.com/registration. Today, WallStEquities.com tracks the following stocks: ING Groep N.V. (NYSE: ING), Genworth Financial Inc. (NYSE: GNW), Lincoln National Corp. (NYSE: LNC), and Torchmark Corp. (NYSE: TMK). Companies in the Life Insurance space transfer the financial risk of a premature death to the insurer in exchange for a specified amount of premium. The three main components of a life insurance contract are a death benefit, a premium payment, and, in the case of permanent life insurance, a cash value account. With Wall St. Equities' free research reports get an edge over stock markets, sign up now at:

www.wallstequities.com/registration

ING Groep

Amsterdam, the Netherlands-based ING Groep N.V.'s shares gained 2.31%, closing Thursday's trading session at $18.13. The stock recorded a trading volume of 2.18 million shares. The Company's shares have advanced 2.37% over the previous three months and 28.58% since the start of this year. The stock is trading 5.46% above its 200-day moving average. Additionally, shares of ING Groep, which operates as a financial services company that provides banking, investments, life insurance, and retirement services worldwide, have a Relative Strength Index (RSI) of 49.15. Our free and thorough report on ING awaits you at:

www.wallstequities.com/registration/?symbol=ING

Genworth Financial

On Thursday, shares in Richmond, Virginia headquartered Genworth Financial Inc. recorded a trading volume of 3.62 million shares. The stock rose 1.50%, ending the day at $3.38. The Company's shares are trading below their 50-day moving average by 4.58%. Furthermore, shares of Genworth Financial, which provides insurance and homeownership solutions in the US and internationally, have an RSI of 44.65.

On November 29th, 2017, Genworth Financial and China Oceanwide Holdings Group Co., Ltd announced that they have agreed to a second waiver and agreement of each party's right to terminate the previously announced merger agreement. The second waiver and agreement extends the previous deadline of November 30th, 2017, to April 01st, 2018, and allows additional time for regulatory reviews of the transaction. GNW's complimentary research coverage is a few simple steps away at:

www.wallstequities.com/registration/?symbol=GNW

Lincoln National

Radnor, Pennsylvania headquartered Lincoln National Corp.'s stock finished the day 1.42% higher at $77.59. A total volume of 1.23 million shares was traded, which was above their three months average volume of 1.17 million shares. The Company's shares have advanced 2.90% in the last one month, 17.92% in the previous three months, and 17.08% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.35% and 11.03%, respectively. Additionally, shares of Lincoln National, which through its subsidiaries, engages in the multiple insurance and retirement businesses in the US, have an RSI of 62.29.

On November 13th, 2017, Lincoln Financial Group, the marketing name for Lincoln National, announced that Lynn M. Utter has been elected to serve on the Company's Board of Directors. Ms. Utter is the CEO and a director of First Source, LLC, a packager and distributor of confectionery products, nuts, snacks, and specialty foods. Register for your free research report on LNC at:

www.wallstequities.com/registration/?symbol=LNC

Torchmark

Shares in McKinney, Texas headquartered Torchmark Corp. ended yesterday's session 0.16% higher at $89.17. The stock recorded a trading volume of 290,518 shares. The Company's shares have advanced 4.68% in the last one month, 17.22% over the previous three months, and 20.89% since the start of this year. The stock is trading 6.03% and 13.15% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Torchmark, which through its subsidiaries, provides various life and health insurance products, and annuities in the US, Canada, and New Zealand, have an RSI of 74.62.

On November 13th, 2017, Torchmark announced that its Board of Directors has declared a quarterly dividend of $.15 per share on all of its outstanding common stock held of record as of the close of business of its transfer agent on January 05th, 2018. The dividend will be paid on February 01st, 2018. Wall St. Equities' downloadable research report on TMK available at:

www.wallstequities.com/registration/?symbol=TMK

--

Wall St. Equities:

Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

WSE has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@wallstequities.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

WSE, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

https://wallstequities.com/legal-disclaimer/

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@wallstequities.com
Phone number: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

View original content:http://www.prnewswire.com/news-releases/this-mornings-technical-outlook-on-insurance-stocks----ing-groep-genworth-financial-lincoln-national-and-torchmark-300568906.html

SOURCE Wall St. Equities





Disclaimer | Terms Of Use And Privacy Statement


© Metals News. All rights reserved.