Great-West Lifeco (OTCMKTS:GWLIF) Stock Passes Above Fifty Day Moving Average – Should You Sell?
by Jessica Moore · The Cerbat GemShares of Great-West Lifeco Inc. (OTCMKTS:GWLIF – Get Free Report) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $46.84 and traded as high as $51.40. Great-West Lifeco shares last traded at $50.92, with a volume of 1,747 shares trading hands.
Analyst Upgrades and Downgrades
Several analysts have recently commented on GWLIF shares. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Great-West Lifeco in a report on Friday, February 13th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Great-West Lifeco in a report on Friday, February 13th. Jefferies Financial Group raised shares of Great-West Lifeco to a “buy” rating in a report on Thursday, February 12th. Scotiabank reaffirmed an “outperform” rating on shares of Great-West Lifeco in a report on Thursday, February 5th. Finally, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Great-West Lifeco in a report on Thursday, January 8th. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy”.
Check Out Our Latest Analysis on GWLIF
Great-West Lifeco Stock Down 1.0%
The firm’s 50 day moving average is $46.84 and its 200-day moving average is $45.86.
Great-West Lifeco Company Profile
Great-West Lifeco Inc, trading on the OTCMKTS under the symbol GWLIF, is a Canadian-based financial services holding company. Headquartered in Winnipeg, Manitoba, it operates as a subsidiary of Power Financial Corporation and offers a broad range of insurance, retirement, and investment solutions. The company traces its heritage to the founding of Great-West Life Assurance Company in 1891 and was organized as a distinct holding entity in 2003 to oversee its growing global operations.
The firm’s primary lines of business include life, health and group insurance, as well as retirement savings products and employee benefit plans.