Zacks Investment Research downgraded United Insurance Holdings Corp (NASDAQ:UIHC) to Hold in a statement released earlier today.
- Updated: October 11, 2016
Boasting a price of $15.23, United Insurance Holdings Corp (NASDAQ:UIHC) traded -2.08% lower on the day. With the last close down -8.81% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. United Insurance Holdings Corp has recorded a 50-day average of $15.98 and a two hundred day average of $16.49. Volume of trade was up over the average, with 142,100 shares of UIHC changing hands over the typical 123,145
Zacks Investment Research has downgraded United Insurance Holdings Corp (NASDAQ:UIHC) to Hold in a statement released on 10/11/2016.
On 10/6/2016, Zacks Investment Research released a statement on United Insurance Holdings Corp (NASDAQ:UIHC) bumped up the target price from $0.00 to $19.00 that suggested an upside of 0.17%.
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United Insurance Holdings Corp has a 52 week low of $13.46 and a 52 week high of $20.04 with a P/E ratio of 9.36 United Insurance Holdings Corp’s market capitalization is currently $0.
Brief Synopsis On United Insurance Holdings Corp (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.
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