Shares of ProAssurance (NYSE:PRA) traded at a new 52-week high today of $48.92. Approximately 93,000 shares have changed hands today, as compared to an average 30-day volume of 249,000 shares.
ProAssurance Corporation is a risk management and claims defense company with a license to write business across the United States. The Company provides medical professional liability insurance to policyholders throughout the United States.
ProAssurance (NYSE:PRA) has potential upside of 8.1% based on a current price of $48.64 and analysts' consensus price target of $52.60. ProAssurance shares have support at the 50-day moving average (MA) of $47.21 and additional support at the 200-day MA of $45.29.
Over the past year, ProAssurance has traded in a range of $41.38 to $48.92 and is now at $48.64, 18% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.3%.