SiriusPoint Ltd. (SPNT)

SiriusPoint Ltd. is trading at $23.69, up 1.00% on the session. The 50 day average sits at $23.81 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 49, which reads as neutral, and MACD is bearish crossover. Volume is below average.

The nearest support is around $23.68 with resistance near $24.05, so that band frames the current range. Average daily movement is roughly $0.67, or about 2.8% of the share price, which is what any stop placement has to allow for. The overall health score of 49 out of 100 combines a trend score of 48, momentum of 38 and a risk score of 64.

SiriusPoint Ltd. provides multi-line reinsurance and insurance products and services worldwide. It operates in four segments: Global P&C Programs, Global Reinsurance, Global Accident & Health, and London Market Specialty. Global P&C Programs segment offers programs space, by further strengthening its offering to clients and distribution partners globally. , Global Reinsurance segment provides casualty, property, and other specialties, such as proportional and excess of loss, treaty and facultative, aviation and space, marine and energy and, credit to insurance and reinsurance companies, government entities, and other risk bearing vehicles. London Market Specialty segment provides London casualty, energy, property, and marine leaders services. It provides accident and health, property and casualty, aviation and space, credit, surety, marine and energy, and mortgage. It offers medical insurance products, trip cancellation programs, medical management services, and 24/7 emergency medical and travel assistance services. The company was formerly known as Third Point Reinsurance Ltd. and changed its name to SiriusPoint Ltd. in February 2021. SiriusPoint Ltd. was incorporated in 2011 and is headquartered in Pembroke, Bermuda.