Chubb Limited (NYSE:CB) currently has a daily average trading volume of 1.41M but it saw 1261233 shares traded in last market. With a market cap of 113.90B USD, the company’s current market price of $281.98 came rising about 1.17 while comparing to the previous closing price of $278.71. In past 52 weeks, the stock remained buoying in the range of price level as high as $280.23 and as low as $198.67. In the recent trading on the day, stock has struck highest price mark of $277.24 while lowest mark touched by it was $282.21.
Taking a look at 20-day trading activity of Chubb Limited (CB) gives us an average price of $272.29, while its current price level is 0.62% below from 52-week high level whereas it is 41.93% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $266.18 while that of 200 days or SMA-200 reads an average of $250.16. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.38% during that period while stretching the period over a month that increases to 1.62%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 70.54 which implies that the stock is in overbought territory.
BofA Securities upgraded its recommendation for the stock as a “Neutral” from “Underperform” on May 23, 2024 while assigning a price target range of $244-$266. HSBC Securities also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $275 and $270.
Over the week, CB’s stock price is moving 3.35% up while it is 2.29% when we observe its performance for the past one month. Year-to-date it is 24.77% up and over the past year, the stock is showing an upside performance of 39.64%.
Currently, Chubb Limited’s total number of outstanding shares is 405.27M. Company’s return on investment (ROI) stands at 12.90% and return on equity (ROE) at 17.06%. It has a price to earnings ratio (P/E ratio) of 11.91 while having a 12.01 of forward P/E ratio. Stock’s beta reads 0.67. Stock has a price to book (P/B) ratio of 1.87 while price to sale or P/S ratio amounts to 2.12. Its return on asset (ROA) is 4.88% on average.
