Chubb Limited (CB) Rises 3.11%

Chubb Limited (CB) Rises 3.11%

Chubb Limited is a ACE acquired Chubb in the first quarter of 2016 and assumed the Chubb name.

Among the biggest risers on the S&P 500 on Wednesday February 03 was Chubb Limited ($CB), popping some 3.11% to a price of $155.32 a share with some 2.57 million shares trading hands.

Starting the day trading at $152.00, Chubb Limited reached an intraday high of $155.95 and hit intraday lows of $151.05. Shares gained $4.68 apiece by day’s end. Over the last 90 days, the stock’s average daily volume has been n/a of its 451.37 million share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day SMA at $n/a with a 52-week range of $87.35 to $167.75.

ACE acquired Chubb in the first quarter of 2016 and assumed the Chubb name. The combination makes the new Chubb one of the largest domestic property and casualty insurers, with operations in 54 countries spanning commercial and personal P&C insurance, reinsurance, and life insurance.

Chubb Limited has its corporate headquarters located in Zurich, and employs 33,000 people. Its market cap has now risen to $70.11 billion after today’s trading, its P/E ratio is now n/a, its P/S n/a, P/B 1.24, and P/FCF n/a.

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