Hitting A New 52 Week High, Erie Indemnity Company Class A (Nasdaq:ERIE) Settle At $244.67

ERIE
ERIE

Erie Indemnity Company Class A (Nasdaq:ERIE)

June 13th, 2019

Amidst rising markets Erie Indemnity Company Class A finished Thursday’s trading session down 1.64%, a ($4.09) decrease to close on $244.67. Despite the drop in price it hit a new 52 week high of $249.24. While the stock did drop today, remember that it is still trading at 112.53% of its 52 week low of $115.12.

ERIE was outperformed by the rest of the Financials sector which went up 0.23%.

Market Sectors

The market sectors were mixed Thursday with a majority of the sectors trending up. Energy saw the biggest increase of the day (1.25%), while the Healthcare sector saw the biggest drop (-0.11%). Information Technology has seen the biggest year-to-date gain of 23.06%.

Utilities saw the biggest turn-around compared to its 5-day performance (-0.31%), as it went up by 0.15%. Healthcare saw a turn-around from its 5-day performance of 2.18% trading down -0.11%.

Sector Breakdown

  • Energy, up 1.25%.
  • Communication Services, up 1.14%.
  • Consumer Discretionary, up 0.90%.
  • Materials, up 0.58%.
  • Industrials, up 0.54%.
  • Financials, up 0.23%.
  • Information Technology, up 0.22%.
  • Utilities, up 0.15%.
  • Consumer Staples, up 0.11%.
  • Real Estate, up 0.09%.
  • Healthcare, down -0.11%.

Erie Indemnity Company Class A Info

Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. The company provides sales, underwriting, and policy issuance services for the policyholders on behalf of the Erie Insurance Exchange. Its sales related services include agent compensation, and sales and advertising support services; and underwriting services comprise underwriting and policy processing, as well as provides administrative support, information technology, and customer services. Erie Indemnity Company was founded in 1925 and is based in Erie, Pennsylvania.

All amounts in USD unless otherwise indicated

ERIE daily update
ERIE daily update

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