Arch Capital Trades Above 200-Day SMA: Time to Hold the Stock?
Key Takeaways ACGL reports strong premium growth, with net premiums written witnessing a 17.4% CAGR from 2018 to 2025. Rate hikes, new business inflows and a hardening P&C market are driving higher premiums. Disciplined underwriting, specialty lines and a strong capital position support growth in business segments. Arch Capital Group Ltd. (ACGL) has been trading above its 200-day simple moving average (SMA), signaling a short-term bullish trend. Its share price as of Wednesday was $93.32, down 9.7% from its ...