Breaking Finance News

United Insurance (NASDAQ:UIHC) has been upgraded from Outperform to Strong Buy in a statement by Raymond James earlier today.

Boasting a price of $13.38, United Insurance (NASDAQ:UIHC) traded 2.86% higher on the day. With the last stock price close down 8.32% from the two hundred day average, compared with the S&P 500 Index which has increased 0.06% over the date range. United Insurance has recorded a 50-day average of $14.94 and a two hundred day moving average of $14.92. 214,707 shares of the stock were exchanged, up from an average trading volume of 123,400

Raymond James has upgraded United Insurance (NASDAQ:UIHC) from Outperform to Strong Buy in a statement released on 2/9/2017.

See Chart Below

United Insurance (NASDAQ:UIHC)

United Insurance has a 52 week low of $9.52 and a 52 week high of $20.04 with a P/E ratio of 11.57 The company’s market cap is currently $0.

About United Insurance (NASDAQ:UIHC)

United Insurance Holdings Corp. is a property and casualty insurance holding company that sources, writes and services residential property and casualty insurance policies using a network of agents and a group of insurance subsidiaries. The Company's insurance subsidiary is United Property & Casualty Insurance Company. Its other subsidiaries include United Insurance Management, L.C., the managing general agent that manages substantially all aspects of United Property & Casualty Insurance Company's business; Skyway Claims Services, LLC, which provides services to its insurance affiliate; UPC Re, which provides a portion of the reinsurance protection purchased by its insurance affiliate, and Family Security Holdings, LLC (FSH). The Company's principal product is homeowners' insurance, which it offers in Connecticut, Florida, Georgia, Hawaii, Louisiana, Massachusetts, New Jersey, North Carolina, Rhode Island, South Carolina and Texas.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.