The Travelers Cos., Inc. stock trades under the ticker TRV & has shown recent bullishness that traders & investors should take a closer look into.
TRV stock closed at $158.96/share on 7/27/2022.
The Travelers Cos., Inc. TRV Stock’s Technical Performance Broken Down
TRV Stock Price: $158.96
10 Day Moving Average: $157.64
50 Day Moving Average: $167.32
200 Day Moving Average: $165.64
RSI: 42.51
MACD: -2.705
Yesterday, TRV stock completed a bullish MACD crossover, despite settling down 1.18%
Their RSI is still in oversold territory, and their recent trading volumes have been about average compared to the year prior, signaling that there may still be some momentum to come in the near-term.
They will need to break above the $159.76 & $160.52/share resistance levels as they continue to climb higher.
The Travelers Cos., Inc. TRV Stock As A Long-Term Investment
Long-term oriented investors will like TRV stock’s valuation metrics, with a 10.87 P/E (ttm) & a 1.62 P/B (mrq).
They recently reported 5.2% Quarterly Revenue Growth Y-o-Y, with -41% Quarterly Earnings Growth Y-o-Y.
Their balance sheet will warrant a closer review before making an investment though, with $4.28B of Total Cash (mrq) & $7.29B of Total Debt (mrq).
TRV stock pays a 2.22% dividend yield, which appears to be sustainable in the long-run, with a 24.8% payout ratio.
85% of TRV stock’s outstanding share float is owned by institutional investors.
The Travelers Cos., Inc. TRV Stock As A Short-Term Trade Using Options
Short-term oriented traders can use options to profit from short term movements in TRV stock’s price, while hedging against broader market volatility.
I am looking at the contracts with the 8/19 expiration date.
The $155, $150 & $140 calls are all in-the-money, listed from most to least liquid.
The $160, $165 & $170 puts are also all in-the-money, with the former being more liquid than the latter strikes.
Tying It All Together
TRV stock has many interesting characteristics that traders & investors will find appealing.
Investors will like their valuation metrics, as well as their dividend yield, but may want to review the structure of their balance sheet before making an investment.
Traders will like their current technical strength amid volatility, but may be disappointed by how liquid their options are.
All-in-all, TRV stock is worth taking a closer look into to see how it fits into your portfolio strategy.
*** I DO NOT OWN SHARES OF TRV STOCK AT THE TIME OF PUBLISHING THIS ARTICLE ***