United Insurance Holdings Corp.
) was a big mover last session, as the company saw its shares rise
by over 10% on the day. The move came on solid volume too with far
more shares changing hands than in a normal session. This breaks
the recent trend of the company, as the stock is now trading above
the volatile price range of $10.03 and $10.25.
This property and casual insurance company has seen 1 positive
revision in the last 2 months and its Zacks Consensus Estimate
moved higher over the same time frame. This suggests that more
solid trading could be ahead for United Insurance Holdings. So make
sure to keep an eye on this stock going forward to see if
yesterday's jump can turn into more strength down the road.
United Insurance Holdings currently has a Zacks Rank #1 (Strong
Buy) while its
Other players in the same industry, which look attractive at
current levels, include
The Hanover Insurance Group Inc
White Mountains Insurance Group, Ltd.
). While Hanover Insurance and PartnerRe hold a Zacks Rank #1
(Strong Buy), White Mountains Insurance carries a Zacks Rank #2
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