Validus Holdings (NYSE:VR) traded today at a new 52-week high of $38.34. Approximately 379,000 shares have changed hands today, as compared to an average 30-day volume of 858,000 shares.
Validus Holdings, Ltd. is a Bermuda-based reinsurer. The Company concentrates on property risks and other reinsurance lines.
Over the past year, Validus Holdings has traded in a range of $30.71 to $38.34 and is now at $38.21, 24% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has risen 0.2%.
Validus Holdings has overhead space with shares priced $38.21, or 5.3% below the average consensus analyst price target of $40.35. Validus Holdings shares have support at the 50-day moving average (MA) of $36.76 and additional support at the 200-day MA of $34.95.