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Zacks Investment Research downgraded Federated National Holding Co (NASDAQ:FNHC) to Strong Sell in a report released today.

Yesterday Federated National Holding Co (NASDAQ:FNHC) traded -0.71% lower at $18.19. The company’s 50-day moving average is $18.02 and its 200-day moving average is $19.53. The last stock close price is down -6.88% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 46,751 shares of the stock were exchanged, down from an average trading volume of 78,742

Zacks Investment Research has downgraded Federated National Holding Co (NASDAQ:FNHC) to Strong Sell in a report released on 10/14/2016.

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Federated National Holding Co (NASDAQ:FNHC)

Federated National Holding Co has a 52 week low of $15.99 and a 52 week high of $32.61 with a P/E ratio of 8.38 Federated National Holding Co’s market capitalization is currently $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 3 brokers have issued a research note on the company. The average stock price target is $37.00 with 2 brokers rating the stock a strong buy, 1 broker rating the stock a buy, 2 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Brief Synopsis On Federated National Holding Co (NASDAQ:FNHC)

Federated National Holding Company (FNHC) is an insurance holding company that controls all steps in the insurance underwriting, distribution and claims processes through its subsidiaries and its contractual relationships with its independent agents and general agents. The Company is authorized to underwrite homeowners' multi-peril (homeowners), commercial general liability, federal flood, personal auto and various other lines of insurance in Florida and various other states. The Company markets, distributes and services its own and third-party insurers' products and its other services through a network of independent agents. The Company's insurance lines of business include Homeowners' Property and Casualty Insurance, Commercial General Liability, Personal Automobile and Flood. FNIC and MNIC underwrite homeowners' insurance in Florida, and FNIC underwrites insurance in Alabama, Louisiana and South Carolina. Alabama and Louisiana.

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