Arch Capital Group Ltd.’s Stock Price Drops to $91.22, Witnessing a 3.52% Decline

Arch Capital Group Ltd. (ACGL)

91.22 USD -3.33 (-3.52%) Volume: 2.37M

Arch Capital Group Ltd.’s stock price stands at 91.22 USD, experiencing a trading session dip of -3.52% with a trading volume of 2.37M, yet showcasing a robust YTD growth of +22.82%.

Latest developments on Arch Capital Group Ltd.

Arch Capital Group’s (NASDAQ:ACGL) stock price has been on the move, hitting a new 52-week high at $94.00, following a series of noteworthy events. The company’s unit is expanding in the Middle-Market P&C Segment, and it has cleared a significant technical benchmark by achieving an 80-plus RS Rating. Analysts at JPMorgan Chase & Co. have increased their price target for ACGL to $92.00, while institutions like DekaBank Deutsche Girozentrale, Arizona State Retirement System, and Sowell Financial Services LLC are adjusting their stakes in the company. Furthermore, Arch Capital has released its 2023 Sustainability Reports, signifying its commitment to responsible business practices.

A look at Arch Capital Group Ltd. Smart Scores

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

Looking at the Smartkarma Smart Scores for Arch Capital, the company seems to have a positive long-term outlook. With high scores in Growth and Momentum, it indicates that the company is expected to see strong growth and performance in the future. This suggests that Arch Capital may be a good investment option for those looking for companies with potential for long-term growth.

While the company scores lower in Value and Dividend, it still maintains a decent score in Resilience. This indicates that Arch Capital may be able to weather economic downturns and market fluctuations well. Overall, based on the Smartkarma Smart Scores, Arch Capital Group Ltd. appears to be a promising company with potential for growth and resilience in the long term.

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