NYSE:PGRInsurance
Progressive (PGR): A Fresh Look at Valuation After a Period of Tight Trading Range
Progressive (PGR) has quietly edged higher, ending the day up a fraction, but the recent moves in its stock price might have investors hitting pause. There has been no specific event making headlines. When a company like Progressive trades in a tight range after a stretch of solid gains, it naturally leads to questions about what investors are seeing, or what they might be missing when it comes to the insurance giant's valuation.
Looking at the bigger picture, Progressive’s stock has ticked...