Primerica Inc. (PRI) Moves Higher on Volume Spike for March 15

Equities Staff  |

Primerica Inc. (PRI) traded on unusually high volume on Mar. 15, as the stock gained 1.71% to close at $125.33. On the day, Primerica Inc. saw 484,890 shares trade hands on 3,104 trades. Considering that the stock averages only a daily volume of 210,685 shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $128.35 and $90.05 over the last 52-weeks, its 50-day SMA is now $113.41, and its 200-day SMA $111.46. Primerica Inc. has a P/B ratio of 3.65. It also has a P/E ratio of 16.7.

Primerica Inc is a provider of financial services to middle-income households in the United States and Canada. The company offers life insurance, mutual funds, annuities, and other financial products, distributed primarily on behalf of third parties. Primerica has three main subsidiaries: Primerica Financial Services, a marketing company; Primerica Life Insurance Company, a principal life insurance underwriting entity; and PFS Investments, which offers investment and savings products, brokerage services, and registered investment advisory.

Headquartered in Duluth, GA, Primerica Inc. has 2,767 employees and is currently under the leadership of CEO Glenn J. Williams.

For a complete fundamental analysis analysis of Primerica Inc., check out Equities.com’s Stock Valuation Analysis report for PRI.

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To get more information on Primerica Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: PRI’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

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



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