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PGR - Progressive Corp.
$109.75
0.49(0.45%)9:00:02 PM 1/14/2022
The Progressive Corporation is an American insurance company, one of the largest providers of car insurance in the United States. The company insures motorcycles, boats, RVs, and commercial vehicles and provides home insurance through select companies. Progressive has expanded internationally as well, offering car insurance in Australia. The company was co-founded in 1937 by Jack Green and Joseph M. Lewis, and is headquartered in Mayfield Village, Ohio. Progressive is currently ranked No. 99 in the 2019 Fortune 500 list of the largest United States corporations by total revenue. Progressive was founded in 1937 by Joseph Lewis and Jack Green as Progressive Insurance Company. Starting in 1956, the company found a niche by insuring more risky drivers. In 1965, Peter B. Lewis, son of Joseph Lewis, and his mother borrowed $2.5 million, pledging their majority stake as collateral, and completed a leveraged buyout of Progressive. In 1987, the sum of the company's written premiums breached $1 billion. In 2016, that number crossed the $20 billion mark. It has generally attempted to live up to its name by being innovative in the industry. It boasts being the first auto insurance company to have a website, allow customers to purchase policies via that site, and later to pioneer allowing the use of mobile browsers and smartphone apps for rating and managing policies. It was also the first to offer 24/7 claims reporting. As it has grown, Progressive has sought to be a one-stop insurance provider for families in order to more competently compete with other top-insurers.[citation needed]
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

Finra

Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.

Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.

Summary:

  • RSI is at a high level of 73. A high level of RSI indicates the stock is overbought.
  • MACD is crossing MACD signal line at 0.4. MACD crossing signal line is bullish signal.
Stock Statistics
MarketCap64.2B
PE Ratio15.9
PEG Ratio-1.8
P/B3.1
P/S (ttm)1.2
Earning Growth (QoQ)114%
Revenue Growth (QoQ)
Short %1%
Held by Institutions %84%
1 Day Vol Adjusted Return0.3
1 Month Vol Adjusted Return6.2
3 Month Vol Adjusted Return14.0
6 Month Vol Adjusted Return11.1
20 Days SMA Price ZScore1.5
50 Days SMA Price ZScore2.0
12 -26 Days PPO3.0
1 Month Average Short Volume Ratio38.0
1 Day Volume Change ZScore-0.6
1 Month Daily Vol1.3
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