Old Republic Stock Near 52-Week High: What Investors Should Know

Old Republic International Corporation (ORI) closed at $35.33 on Wednesday, near its 52-week high of$36.09. This proximity underscores investor confidence. It has the ingredients for further price appreciation. The stock is trading above the 50-day and 200-day simple moving average (SMA) of $34.75 and$31.15, respectively, indicating solid upward momentum. SMA is a widely used technical analysis tool to predict future price trends by analyzing historical price data. Earnings of Old Republic grew 10.3% in t ...