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Mercury General Corporation (MCY) Hit a 52 Week High, Can the Run Continue?
MCYMercury General(MCY) ZACKS·2024-08-27 22:15

Have you been paying attention to shares of Mercury General (MCY) ? Shares have been on the move with the stock up 7.2% over the past month. The stock hit a new 52-week high of $64.53 in the previous session. Mercury General has gained 68.1% since the start of the year compared to the 15.6% move for the Zacks Finance sector and the 26.2% return for the Zacks Insurance - Property and Casualty industry. What's Driving the Outperformance? The stock has a great record of positive earnings surprises, as it hasn' ...