Platinum Underwriters Holdings Breaks Above 200-Day Moving Average - Bullish for PTP

In trading on Friday, shares of Platinum Underwriters Holdings, Ltd. (PTP) crossed above their 200 day moving average of $59.09, changing hands as high as $59.15 per share. Platinum Underwriters Holdings, Ltd. shares are currently trading up about 0.8% on the day. The chart below shows the one year performance of PTP shares, versus its 200 day moving average:

START SLIDESHOW:
Click here to find out which 9 other stocks recently crossed above their 200 day moving average »

Platinum Underwriters Holdings, Ltd. 200 Day Moving Average Chart

Looking at the chart above, PTP's low point in its 52 week range is $52.28 per share, with $63.60 as the 52 week high point — that compares with a last trade of $58.70.

According to the ETF Finder at ETF Channel, PTP makes up 2.78% of the KBW Property & Casualty Insurance Portfolio ETF ( KBWP) which is trading up by about 1.4% on the day Friday.

More from Stocks

Get a Juicy 8%+ Dividend Yield With Solid Income Streams All in One Stock

Get a Juicy 8%+ Dividend Yield With Solid Income Streams All in One Stock

U.S.-Chinese Trade War Could Mash Up Apple

U.S.-Chinese Trade War Could Mash Up Apple

How to Overcome the Fear of Trading Super-Momentum Stocks

How to Overcome the Fear of Trading Super-Momentum Stocks

Tesla's People Problem and the Inscrutable Musk: 2 Things That Make You Go Hmmm

Tesla's People Problem and the Inscrutable Musk: 2 Things That Make You Go Hmmm

Dow Hits Another Closing High to End Record Setting Week

Dow Hits Another Closing High to End Record Setting Week