ORI - Old Republic International Corporation Looks to Continue to Trade Above its Annual-High Share Price Today
Shares of Old Republic International Corporation (NYSE:ORI) traded today at $23.65, eclipsing its 52-week high. This new high was reached on below average trading volume as 241,000 shares traded hands, while the average 30-day volume is approximately 2.1 million shares.
Based on a current price of $23.59, Old Republic International Corporation is currently 0.1% above its average consensus analyst price target of $23.56.
Old Republic International Corp offers a diverse range of specialized insurance products to individuals and institutions. The firm's property-casualty business, which accounted for more than half of premium in 2012, and almost 80% of pretax operating income, offers commercial liability products for risks that include workers' compensation, autos, and general liability. The title insurance business composes most of the remaining premium, with a minor assist from a tiny life insurance presence.
In the past 52 weeks, shares of Old Republic International Corporation have traded between a low of $13.08 and a high of $23.65 and is now at $23.59, which is 80% above that low price.
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