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Zacks Investment Research upgraded Federated National Holding Co (NASDAQ:FNHC) to Hold in a report released today.

Yesterday Federated National Holding Co (NASDAQ:FNHC) traded 10.76% higher at $17.68. The company’s 50-day moving average is $17.98 and its 200-day moving average is $19.59. The last stock close price is down -8.06% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 190,271 shares of the stock were exchanged, up from an average trading volume of 80,194

Zacks Investment Research has upgraded Federated National Holding Co (NASDAQ:FNHC) to Hold in a report released on Wednesday October 05, 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 8.30 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its target price, a total of 3 firms have reported on the stock. The consensus target price is $37.00 with 2 firms rating the stock a strong buy, 1 firm rating the stock a buy, 2 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About 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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