Shares of Unum Group (UNM) Rise Above Previous 52-Week High - Insurance News | InsuranceNewsNet

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March 29, 2022 Newswires
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Shares of Unum Group (UNM) Rise Above Previous 52-Week High

NetworkNewsWire (NNW)

Unum Group (NYSE:UNM) traded today at a new 52-week high of $32.25. So far today approximately 544,000 shares have been exchanged, as compared to an average 30-day volume of 2.7 million shares.

Unum Group is a provider of group and individual income protection insurance products in the United States, the United Kingdom, Poland, and other countries. It is the largest domestic disability insurer, with the majority of premiums generated from employer plans. The company also offers a complementary portfolio of other insurance products, including long-term care insurance, life insurance, and employer- and employee-paid group benefits. It has the following operating business segments: Unum US, Unum International, and Colonial Life. The majority of the revenue is earned from the Unum US segment. The firm markets its products primarily through brokers.

Over the past year, Unum Group has traded in a range of $22.25 to $32.25 and is now at $31.90, 43% above that low.

Based on a current price of $31.90, Unum Group is currently 0.4% above its average consensus analyst price target of $31.76.

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