Employers Holdings Inc (NYSE:EIG – Get Free Report)’s stock price reached a new 52-week high on Thursday following a better than expected earnings announcement. Zacks Research cut shares of Employers from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 1st. Employers Stock PerformanceThe stock’s 50-day moving average is $47.85 and its 200-day moving average is $44.20. Employers Company Profile(Get Free Report)Employers Holdings, Inc (NYSE: EIG) is a publicly traded property and casualty insurance holding company headquartered in Des Moines, Iowa. Through its subsidiaries, Employers Mutual Casualty Company and Employers Preferred Insurance Company, the firm specializes in providing workers’ compensation coverage alongside an array of commercial insurance products.