During trading today, both the Financial sector (XLF) and the S&P500 showed little movement.
American Independence (AMIC) was a significant gainer in the sector, rising 13.4%. The stock closed at $5.73 with 5,540 shares moving. The stock traded in a range of $5.00 to $5.90.
Enstar Group (ESGR) rose 2.2% to close at $98.68, cross its 50-day moving average of $96.53 and 200-day moving average of $96.49. MV Oil (MVO) declined 4.9% to close at $35.87, moving below its 50-day moving average of $34.81 and 200-day moving average of $38.49.
Alliance Data Systems Corporation (HBC) fell 2.9% to close at $130.45, moving closer to its 50-day moving average of $129.70. Also, the stock moved closer to its 200-day moving average of $42.79. Great Northern Iron Ore Properties (GNI) rose 6.8% to close at $66.01, approaching its 50-day moving average of $70.53. It has also moved closer to its 200-day moving average of $88.39.
Progressive (PGR) was a major loser in the sector. Its price dropped 5% (-$1.02) to close at $19.53, as 12.8 million shares moved. The stock traded in a range of $19.40 to $19.99. The stock has fallen over the last three months, dropping $3.08 (-13.6%) from $22.61 on April 16, 2012.
Kansas City Life Insurance (KCLI) hit a new 52-week high today, reaching $37.46 to top the previous high of $37.39.