Selective Insurance Group Inc. (SIGI) had a good day on the market for Wednesday December 30
as
shares jumped 1.03% to close at $66.84. About 93,267 shares traded hands on 2,323 trades for the day, compared with an average daily volume of
n/a shares out of a total float of 59.83 million. After opening the trading day at $66.40, shares of Selective Insurance Group Inc. stayed within a range of $67.15 to
$66.09.
With today’s gains, Selective Insurance Group Inc. now has a market cap of
$4 billion. Shares of Selective Insurance Group Inc. have been trading within a range of $70.89
and $37.05 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.
Selective Insurance Group Inc is a regional property-casualty insurer based in New Jersey, with most of its operations focused in the New York metropolitan area. Since 1977, Selective has focused its sales efforts primarily on small businesses, offering commercial products that include workers’ compensation, general liability, property, and auto insurance. Selective also has a small personal insurance segment (under 20% of total premiums), selling auto and homeowner’s coverage.
Selective Insurance Group Inc. is based out of Branchville, NJ and has some 2,400 employees. Its CEO is John J. Marchioni.
For a complete fundamental analysis of Selective Insurance Group Inc., check out Equities.com’s Stock Valuation Analysis report for
SIGI.
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Selective Insurance Group Inc. is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell
Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an
objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives
a broad, unbiased look at the small-cap market as a whole.
To get more information on Selective Insurance Group Inc. and to follow the company’s latest updates, you can visit the company’s profile page here:
SIGI’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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