Arch Capital Group Ltd. (ACGL)
92.10 USD +2.53 (+2.82%) Volume: 2.03M
Arch Capital Group Ltd.’s stock price is currently at 92.10 USD, witnessing a positive trading session with a 2.82% increase, supported by a healthy trading volume of 2.03M, despite a slight decrease of 0.27% YTD, highlighting the stock’s resilience and potential for growth.
Latest developments on Arch Capital Group Ltd.
Today, the stock price of Arch Capital Group Ltd. (NASDAQ:ACGL) experienced movements as various investment entities made significant transactions involving the company’s shares. South Dakota Investment Council purchased 39,466 shares, while Illinois Municipal Retirement Fund sold 50,063 shares. Los Angeles Capital Management LLC held a substantial $20.61 million position in Arch Capital, indicating a strong interest in the company. Additionally, Horizon Advisory Services Inc. acquired 2,876 shares of Arch Capital. These transactions likely influenced the stock price movements of Arch Capital Group Ltd. today.
A look at Arch Capital Group Ltd. Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Arch Capital Group Ltd. is a Bermuda-based insurance and financial services company that provides reinsurance and insurance products on a worldwide basis. According to Smartkarma Smart Scores, Arch Capital shows strong potential for growth with a score of 4 in that category. This suggests that the company is well-positioned to expand its operations and increase its market share over the long term.
Despite its positive growth outlook, Arch Capital‘s overall Smartkarma Smart Score is average, with a value score of 2 and a dividend score of 1. However, the company scores well in resilience and momentum, with scores of 3 in both categories. This indicates that while Arch Capital may not be the most undervalued or dividend-friendly company, it has demonstrated resilience and positive momentum in its operations, which bodes well for its long-term sustainability and success in the insurance and financial services industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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