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Employers Holdings (EIG) Downgrade Alert, Watch for 51% Technical Uptrend Reversal

Oct 15, 2009 (SmarTrend(R) Spotlight via COMTEX) --

Company: Employers Holdings Inc (EIG)

Employers Holdings (NYSE:EIG) downgraded to Market Perform, $17.50 target, at KBW. The stock closed yesterday at $16.68 on volume of 100,900 shares, below average daily volume of 295,649.

Employers Holdings is currently above its 50-day moving average of $15.11 and above its 200-day moving average of $12.67.

SmarTrend is bullish on shares of EIG and our subscribers received an Uptrend alert on May 18, 2009 at $11.04, which has returned 51% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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News Provided by COMTEX

Company: Employers Holdings Inc (EIG)


Related terms: market, nyse, securities

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