Alleghany Corp. (Y) is Trading Lower on Unusual Volume for January 07

Equities Staff |

Alleghany Corp. (Y) experienced unusually high volume on Jan. 07, as the stock lost 2.16% to a closing price of $462.98. The stock saw 86,385 shares trade hands over the course of the day on 1,072 trades. Given that the stock’s average daily volume over the last month has been 51,670 shares a day, this represents a pretty substantial spike over the norm.

Alleghany Corp. has a P/B ratio of 0.97. It also has a P/E ratio of 13.9. The stock has traded between $518.48 and $436.44 over the last 52-weeks, its 50-day SMA is now $496.19, and its 200-day SMA $485.10.

Alleghany Corp is engaged in the property and casualty reinsurance and insurance business. The Company is also engaged in private capital investments.

Headquartered in New York, NY, Alleghany Corp. has 2,067 employees and is currently under the leadership of CEO Weston M. Hicks.

For a complete fundamental analysis analysis of Alleghany Corp., check out Equities.com’s Stock Valuation Analysis report for Y. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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