Erie Indemnity Co. (ERIE) is Trading Lower on Unusual Volume for December 21

Equities Staff |

Erie Indemnity Co. (ERIE) experienced unusually high volume on Dec. 21, as the stock lost 4.06% to a closing price of $94.00. The stock saw 251,319 shares trade hands over the course of the day on 1,311 trades. Given that the stock’s average daily volume over the last month has been 61,537 shares a day, this represents a pretty substantial spike over the norm.

Erie Indemnity Co. has a P/B ratio of 5.79. It also has a P/E ratio of 29.2. The stock has traded between $101.80 and $79.00 over the last 52-weeks, its 50-day SMA is now $90.69, and its 200-day SMA $84.47.

Erie Indemnity Co provides sales, underwriting and policy issuance services to the policyholders of Erie Insurance Exchange. It also operates as a property & casualty insurer through its wholly-owned subsidiaries.

Headquartered in Erie, PA, Erie Indemnity Co. has 4,700 employees and is currently under the leadership of CEO Terrence W. Cavanaugh.

For a complete fundamental analysis analysis of Erie Indemnity Co., check out’s Stock Valuation Analysis report for ERIE. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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