Platinum Underwriters Holdings (PTP) Shares Cross Below 200 DMA

In trading on Thursday, shares of Platinum Underwriters Holdings, Ltd. (PTP) crossed below their 200 day moving average of $59.26, changing hands as low as $59.09 per share. Platinum Underwriters Holdings, Ltd. shares are currently trading off about 1.1% on the day. The chart below shows the one year performance of PTP shares, versus its 200 day moving average:

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Platinum Underwriters Holdings, Ltd. 200 Day Moving Average Chart

Looking at the chart above, PTP's low point in its 52 week range is $54.06 per share, with $63.60 as the 52 week high point — that compares with a last trade of $59.24.

According to the ETF Finder at ETF Channel, PTP makes up 2.75% of the PowerShares KBW Property & Casualty Insurance Portfolio ETF ( KBWP) which is trading relatively unchanged on the day Thursday.

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