WRB Stock Near 52-Week High: A Signal for Investors to Hold Tight?
Shares of W.R. Berkley Corporation (WRB) closed at 76.38. This proximity underscores investor confidence. It has the ingredients for further price appreciation. The stock is trading above the 50-day and 200-day simple moving averages (SMA) of 61.04, respectively, indicating solid upward momentum. SMA is a widely used technical analysis tool to predict future price trends by analyzing historical price data.Earnings of W.R. Berkley grew 27.8% in the last ...