Aspen Insurance Holdings Ltd. (AHL) was a big mover last session, as the company saw its shares rise by over 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend of the company, as the stock is now trading above the near-flat price range of $38.83 to $39.70 in the past one-month time frame.
The company has seen one positive estimate revision in the past 30 days, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Aspen Insurance currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive.
However, some better-ranked insurance stocks include Alleghany Corporation (Y), AmTrust Financial Services, Inc. (AFSI) and Atlas Financial Holdings, Inc. (AFH). All these stocks sport a Zacks Rank #1 (Strong Buy).
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