The Hartford. Head & Shoulders Strategy Takeaways the Glen
Updated
The Hartford Financial Services Group, Inc., usually known as The Hartford, is a United States-based investment and insurance company. The Hartford is a Fortune 500 company headquartered in its namesake city of Hartford, Connecticut.
It was ranked 160th in Fortune 500 in the year of 2020. The company's earnings are divided between property-and-casualty operations, group benefits and mutual funds.
The Hartford is the 13th-largest property and casualty insurance company in the United States. It sells products primarily through a network of agents and brokers, and has also been the auto and home insurance writer for AARP members for more than 25 years.
The main technical graph illustrates it's been a long 15-years path since The Hartford
HIG has 24x crashed within the 2007-09 financial crisis before it reached the bottom in 2009 around $ 3 per share, compared with $ 106 per share at the top of 2007.
Following to massive Head & Shoulders structure, mostly above 5yrs SMA, helped The Hartford to recover almost all losses since 2007 , while currently stocks prices are around $ 85 per share - at the highest level over the past 15 years since January, 2008.
In nowadays technical graph says The Hartford is about to break the rules, while strong H&S breakout is happening and can help stocks to achieve new highs in a short future.
It was ranked 160th in Fortune 500 in the year of 2020. The company's earnings are divided between property-and-casualty operations, group benefits and mutual funds.
The Hartford is the 13th-largest property and casualty insurance company in the United States. It sells products primarily through a network of agents and brokers, and has also been the auto and home insurance writer for AARP members for more than 25 years.
The main technical graph illustrates it's been a long 15-years path since The Hartford
HIG has 24x crashed within the 2007-09 financial crisis before it reached the bottom in 2009 around $ 3 per share, compared with $ 106 per share at the top of 2007.Following to massive Head & Shoulders structure, mostly above 5yrs SMA, helped The Hartford to recover almost all losses since 2007 , while currently stocks prices are around $ 85 per share - at the highest level over the past 15 years since January, 2008.
In nowadays technical graph says The Hartford is about to break the rules, while strong H&S breakout is happening and can help stocks to achieve new highs in a short future.
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Feb 2, 2024👉 Hartford Financial
HIG climbs on Q4 profit beat, shares rise appr. 4.2% to $90 level, its highest since 2007.👉 Late on Thursday,
HIG posted Q4 profit that exceeded market expectations as the investment and insurance firm benefited from robust premiums and investment gains.👉 The company reported core earnings of 3.06/share versus analysts' average estimate of $2.44. Hartford's net earned premiums stood at $5.43 bln in Q4, compared with $5.02 bln a year ago.
👉 Hartford Financial
HIG shares up in 2024, appr. +12 percent to this time.
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