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Primerica (PRI) Shows Strength: Stock Moves 6.6% Higher

Primerica, Inc. PRI was a big mover last session with its shares rising roughly 7% on the day. The upside was reportedly a result of new standards issued by the Labor Department to protect investors/savers from conflicted investment advice. This development led to far more shares changing hands yesterday than in a normal session. The move breaks the recent trend of the company as the stock is now trading above the past month’s volatile price range of $41.44 to $45.73.

This company dealing in financial products in the U.S. and Canada has seen no estimate revision in the last 30 days. The Zacks Consensus Estimate has also remained unchanged over the same period. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Primerica currently has a Zacks Rank #2 (Buy) and its Earnings ESP is 0.00%.

Investors interested in life insurance stocks may also consider GWG Holdings, Inc. GWGH that carries the same Zacks Rank as Primerica.

Is PRI going up? Or down? Predict to see what others think: Up or Down

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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
PRIMERICA INC (PRI): Free Stock Analysis Report
 
GWG HOLDINGS (GWGH): Free Stock Analysis Report
 
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