Shares of Arch Capital Group Ltd. (NASDAQ:ACGLO – Get Free Report) dropped 0.2% during trading on Tuesday . The company traded as low as $18.90 and last traded at $18.90. 20,564 shares changed hands during trading, a decline of 25% from the average daily volume of 27,473 shares. The stock had previously closed at $18.94.
Arch Capital Group Price Performance
The company’s 50 day simple moving average is $19.24 and its 200-day simple moving average is $19.73.
About Arch Capital Group
Arch Capital Group Ltd, through its operating subsidiaries, is a global provider of insurance, reinsurance, and mortgage insurance products. The company offers property and casualty insurance for commercial and personal lines, including solutions for professional liability, marine, and energy risks. In addition, Arch Capital is active in the mortgage insurance sector, providing primary mortgage guaranty and portfolio reinsurance for residential and commercial mortgages. It also participates in specialty programs, such as political violence, aviation, and cyber coverage.
Founded in 2001 and headquartered in Pembroke, Bermuda, Arch Capital Group has established a presence across North America, Europe, and the Asia-Pacific region.
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